SpaceX market cap 33.5 billion. Would you buy?

traxila · Apr 20, 2019

Yes, the company is private and only available to a very select few. But would you be buying at this level if the stock were public? Its accomplishments are unprecedented. BUT, SpaceX is a cash burning machine and the revenues to justify anything near this price are very much deferred until an operational StarLink is in place.

Any mistake at all treated is like a full catastrophe in the press, including the ocean waves getting in the way. And yet, it seems there is a bottomless pit of money available to SpaceX.

What about you? Would your money be in there at this level?

ecarfan · Apr 20, 2019

Yes I would buy in, not as an investment that would return me profits during my lifetime, but as an investment in the future of humanity.

1101011 · Apr 20, 2019

On another thread, there was mention of an investment in SpaceX by an individual. I don't think I've ever seen how one would do that, and what the requirements might be.

Could someone please enlighten me?

traxila · Apr 20, 2019

1101011 said:
On another thread, there was mention of an investment in SpaceX by an individual. I don't think I've ever seen how one would do that, and what the requirements might be.

Could someone please enlighten me?

Forge

ecarfan · Apr 20, 2019

Individuals cannot invest in SpaceX as far as I know. You can invest indirectly buy buying a fund that is already an investor. See
Does SpaceX Belong in Your Retirement Portfolio?

1101011 · Apr 20, 2019

ecarfan said:
Individuals cannot invest in SpaceX as far as I know. You can invest indirectly buy buying a fund that is already an investor. See
Does SpaceX Belong in Your Retirement Portfolio?

Yes, I'd seen that in another recommendation, but really not interested in diversified investment. I'm inclined to putting all my eggs in the same basket.

I wouldn't buy a fund that owned Tesla. I buy TSLA.

Guess I'll have to be content with that.

traxila · Apr 20, 2019

1101011 said:
Yes, I'd seen that in another recommendation, but really not interested in diversified investment. I'm inclined to putting all my eggs in the same basket.

I wouldn't buy a fund that owned Tesla. I buy TSLA.

Guess I'll have to be content with that.

If you qualify as an accredited investor and are willing to pony up at least a quarter mill you can buy part of a fund that is 100% SpaceX.

1101011 · Apr 20, 2019

traxila said:
If you qualify as an accredited investor and are willing to pony up at least a quarter mill you can buy part of a fund that is 100% SpaceX.

I can do that. More detail?

brianman · Apr 20, 2019

traxila said:
If you qualify as an accredited investor and are willing to pony up at least a quarter mill you can buy part of a fund that is 100% SpaceX.

I hate that we are so "protected" that we have to dump $250,000 to invest in something we believe in. "You can't spend a reasonable amount, but if you want to spend a lot … well, sure." Gov't failure.

traxila · Apr 20, 2019

1101011 said:
I can do that. More detail?

Forge

traxila · Apr 20, 2019

brianman said:
I hate that we are so "protected" that we have to dump $250,000 to invest in something we believe in. "You can't spend a reasonable amount, but if you want to spend a lot … well, sure." Gov't failure.

I don’t think gov involved in the minimum investment. That would be Forge and their ilk. Accredited investor on the other hand....

Patrick W · Apr 20, 2019

Just like the small handful of shares I bought in Tesla I'd do the same with SpaceX, not necessarily to make a profit (thought a profit would be nice) but more to show my support for the company and what they stand for.

brianman · Apr 20, 2019

Patrick W said:
Just like the small handful of shares I bought in Tesla I'd do the same with SpaceX, not necessarily to make a profit (thought a profit would be nice) but more to show my support for the company and what they stand for.

I'm talking about this kind of stuff:
Accredited investor - Wikipedia

bxr140 · Apr 21, 2019

brianman said:
I hate that we are so "protected" that we have to dump $250,000 to invest in something we believe in. "You can't spend a reasonable amount, but if you want to spend a lot … well, sure." Gov't failure.

Not a failure at all. Having shareholders is a mess. Screening out shareholders that don't hold the same vision as you is near impossible. If a company stays private, it gets to choose its investors.

brianman · Apr 22, 2019

bxr140 said:
Not a failure at all. Having shareholders is a mess. Screening out shareholders that don't hold the same vision as you is near impossible. If a company stays private, it gets to choose its investors.

That's not my understanding of how it works. My understanding was/is that regulations have strict requirements of who can be invited, and some of these regulations entail characterizations like "accredited investor" -- i.e. very little to do with how aligned the potential investor is with your vision.

As an example, if SpaceX had a sister organization (or whatever) that accepted charitable contributions towards the goal of getting humans inhabiting more than 1 planet I'd be interested in that as well.

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SpaceX market cap 33.5 billion. Would you buy?

Space X a buy in 2019 at 33.5 billion?

YES

NO

Damn, don’t have a clue.

traxila

Active Member

ecarfan

Well-Known Member

1101011

Proud TSLA/SCTY shareholder since 2013.

traxila

Active Member

ecarfan

Well-Known Member

1101011

Proud TSLA/SCTY shareholder since 2013.

traxila

Active Member

1101011

Proud TSLA/SCTY shareholder since 2013.

brianman

Burrito Founder

traxila

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traxila

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Patrick W

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brianman

Burrito Founder

bxr140

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brianman

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