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Are you a SpaceX shareholder? If so, we need your help

Discussion in 'TSLA Investor Discussions' started by DaveT, Aug 7, 2018.

  1. DaveT

    DaveT Searcher of green pastures

    Nov 15, 2012
    San Diego
    If you're a SpaceX shareholder, we'd like to ask you some questions to help us understand what it's like holding stock in a private company (or via a special purpose fund) since this could help us gain insight on what it might be like holding TSLA stock in a similar manner.

    As a SpaceX shareholder:

    1. How do the liquidity events every 6 months work? By when do you need to express your intent to sell shares? And are you given a price beforehand or later? Can you sell as much as you want?

    2. How long is the selling of shares process take?

    3. How often are you updated regarding the valuation of SpaceX and by what means?

    4. Is any guidance given to you regarding revenue or profit goals? How about valuation goals or valuation timeline?

    5. Are you able to buy more shares if you want? If so, how? Is there a minimum?
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  2. pkodali

    pkodali Member

    Oct 22, 2017
    Would love to learn about this
  3. TradingInvest

    TradingInvest Active Member

    Mar 8, 2017
    Great post.
    Question 5 is what I am interested to know. Elon's email mentioned both selling and buying will be allowed during Tesla's liquidity events. I always thought buying is limited to certain institutional shareholders at SpaceX. Since all the shareholders on private Tesla are hardcore Tesla fans, and we no longer have shorts and FUD, I imagine TSLA's price would be significantly higher during liquidity events.
    • Like x 2
  4. kelevra

    kelevra Member

    Oct 28, 2016
    Does anyone know what exactly Elon meant by: "Would create special purpose fund enabling anyone to stay with Tesla. Already do this with Fidelity’s SpaceX investment."
    Would love to invest in SpaceX but found only Fidelity funds which have about 1% SpaceX in their portfolio. Is there a way to invest in SpaceX when you are not an employee or accredited investor?
    • Like x 1
  5. Johan

    Johan Funds for M3 secured. Contingent on wife aproval.

    Feb 9, 2012
    Drammen, Norway
    Great thread and hope some actual responses turn up. Remeber that we discussed much of this a few years back:

    SpaceX investor's thread
  6. eepic

    eepic Supporting Member

    Nov 6, 2013
    Not a SpaceX shareholder but I remember that
    Not a SpaceX shareholder but I remember seriously looking into how to get in back when that thread existed. I remember at the time I found a "secondary markets" website for private markets that suggested they could facilitate bespoke one-on-one transactions with holders.

    This seems to be the current google hit for something similar today that advertises SpaceX on their list
    - Accredited investors only ($1mm net worth excluding residence or $200k income)
    - "As a baseline, each side of the transaction incurs a 5% fee"
    - Probably US investors only?

    Regarding Elon's special purpose Fidelity fund, here's all the current holders of SpaceX I can find after some digging... none of which sound like they provide clean (concentrated) exposure to SpaceX:

    Fidelity Contrafund
    Fidelity Growth Company Fund
    Fidelity OTC Portfolio
    Fidelity Blue Chip Growth Fund
    Fidelity Advisor New Insights Fund
    Fidelity Mid-Cap Stock Fund
    Fidelity Series Growth Company Fund
    Fidelity New Millenium Fund
    Fidelity Series Blue Chip Growth Fund
    Fidelity Series Opportunistic Insights Fund
    Fidelity Advisor Series Opportunistic Insights Fund
    Baron Partners Fund
    Baron Focused Growth Fund

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