Bought spaceX stock?
Has anyone bought spaceX stock through private equity deals? How did you buy it and at what price?#investments #personalfinance People working for spaceX, where do you sell your stock to get liquidity?
Of all the options you have in the market today, why buy spacex stock now? It is super bloated at current valuation. Revenues 3B and market cap 160B. Also Valued 50% more than Lockheed or Boeing. There is not much more revenue left in payloads. The market is niche. Tesla is probably a better value long term. Considering all the new products that will come out in the next 5 years. Stock COULD go back to new highs.
Your revenue figure is wrong, and valuation is $140B, not 160. Most of that comes from Starlink, which has a much larger addressable market than the launch business. Still a ton of revenue upside there. Or just diversify and buy index funds. There are a lot of companies worth investing in that are not named SpaceX or Tesla.
https://payloadspace.com/spacexs-22-revenues-a-reformed-wall-street-analysts-best-guess/ You are right about 140B in 2023. But the stock was valued 150B+ last year November. Starlink is estimated to generate 30B per Elon. So you could consider real numbers to be half that realistically in the next decade. And it’s not a high margin business. There will be lot of expenses to maintain the constellations.
Check BPTRX - 8% of it is SpaceX and ~ 35% is Tesla. I looked into PE micro deals and the fees + liquidity worries don't make much sense. Even the valuation is still nutes. All private cos have dipped by 50%+ including stripe since last year except for spaces. Love Eon but probably not the best investment.
Stock gets sold back to the company during buy backs. Very few sell their stock on secondary markets since it’s more of an IOU than a sale and there are huge markups and fees involved. If you want SpaceX stock, best bet would be to get a job there or be able to invest hundreds of millions and negotiate buys with Gwen and Elon.