I am unaware of any shares available for direct investment on the secondary market. Forge and sharespost (and possibly others?) have special purpose vehicles available from time to time for accredited investors to invest in SpaceX but there are added significant risks/expenses associated with those, and minimums are usually well into the six figures or more:
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I am unaware of any shares available for direct investment on the secondary market. Forge and sharespost (and possibly others?) have special purpose vehicles available from time to time for accredited investors to invest in SpaceX but there are added significant risks/expenses associated with those, and minimums are usually well into the six figures or more:
Watts_Up
Well-Known Member
I hope that the employees can get some shares, but it takes many years for getting fully vested....
Maybe question has been asked many times before, but a search didn't find anything
Are there any mutual funds that can we can invest in that own shares in SpaceX?
Are there any mutual funds that can we can invest in that own shares in SpaceX?
Yes, there are a couple of Baron funds:
Baron Partners Fund Retail Shares (BPTRX) Top Portfolio Holdings: 5.15% (TSLA: 16.87%)
Baron Focused Growth Fund Retail Shares (BFGFX) Top Portfolio Holdings: 2.30% (TSLA: 14.46%)
I think they may be others, but I don't know what they are.
So, while the $$s are large, they are less than 0.1% of Fidelity's investments. I recently bought some BPTRX.
e-FTW
New electron smell
Via someone he knew, I think.
He was also talking up a new way for companies to do private share sale and purchases and I forget the name of that platform (maybe just for employees). Worth a listen (it is in podcasts if you want just the audio).
Exactly - the Fidelity funds are not worth owning because their investment is miniscule in SpaceX compared to the size of their funds. I have already tried Google and not found anything with reasonable investment in SpaceX. Further, in the link posted it states "In late January, Fidelity and Google announced they had invested a total of $1 billion to acquire almost 10 percent of Elon Musk’s privately held reusable-rocket company. Google later disclosed its share was $900 million, leaving Fidelity with $100 million." In other words, 90% of that 1B investment came from Google and 10% from Fidelity which is spread over a number of funds. I have seen it mentioned many times that Fidelity has invested in SpaceX, but that is very misleading as the investment is quite small for the size of Fidelity. For me, not worth investing in these as 99% of my investment would be in non-SpaceX stocks.
I already have the two Baron funds in my 401K - but they each have 5% or less investment in SpaceX. I don't mind those, because they have another 10-15% in TSLA.
The reason for question here was mainly to see if there are other funds with more than 5% in SpaceX. Doesn't look like there are any others.
Already tried that before asking the question here. Fidelity investment is not worth it as less than 1% of these funds are invested in SpaceX. Hoping to find something with >5% investment. Already own the two Baron funds in my 401K Brokerage link account.
Yesterday, I opened up a small position in BPTRX (Baron Partners Fund Retail Shares) after giving up, for the time being, on being able to directly invest in SpaceX. BPTRX appears to be a strong fund in general, judging by the other stocks it holds and its returns. For one thing, it appears to have no oil company holdings. (In general, I have worked hard to minimize exposure to fossil fuels in our portfolio.) In the weeks to come, I intend to study the composition of BPTRX more carefully and possibly buy more.
e-FTW
New electron smell
Please report back. I saw a major cruise line in there (small share) but more importantly hotels, which I expect will tank along with most stocks because of the coronavirus. This fund may stay/become more affordable in the near term. Buying opportunity!
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Post here if you find more info or more funds that can invest in SpaceX.
My bonus payout is first week of March, planning to put 20% of it directly in my 401K Brokeragelink to be invested in the following. These have dropped quite a bit over the last few days, so should be at a good price for investing.
Product detail | Baron
Product detail | Baron
Product detail | Baron
I did just a tad more research via the SEC EDGAR system. Here are the most recent NPORT-P filings for the three funds you listed, BPTRX, BFGFX, and BWBFX. They include lists of the holdings in those funds as of 2019/12/31. You can find "Space Exploration Technologies" disclosed as a holding in BPTRX and BFGFX, and not in BWBFX. Unfortunately, SpaceX shares only comprised 2.3% of BPTRX and 1.6% of BFGFX as of Dec. 31. I had been hoping to find SpaceX at closer to 5%, but with growth in other holdings combined with capital inflows, it shouldn't be all that surprising that the SpaceX percentage has dropped.
BPTRX: https://www.sec.gov/Archives/edgar/...2420039670/xslFormNPORT-P_X01/primary_doc.xml
BFGFX: https://www.sec.gov/Archives/edgar/...2420040491/xslFormNPORT-P_X01/primary_doc.xml
BWBFX: https://www.sec.gov/Archives/edgar/...2420039682/xslFormNPORT-P_X01/primary_doc.xml
Thanks for checking into this.
That is disappointing, I was hoping they at least had close to 5%. The third fund is a 'Fund of Funds' so invests in several of the other funds. I expected the SpaceX investment to be lower in that, since they are just investing in it indirectly.
Unfortunately, it looks like these are the only funds with SpaceX that regular folks like me can invest in. Buying any stock in SpaceX is almost impossible. No other funds seem to have any significant level of investment, these look like the highest numbers. I have looked quite a bit, nothing else that can be easily available for us to invest.
If folks find something else, it would be good to get some more info.
I have to apologize for providing some misinformation here. Looking more closely at the BPTRX holdings as of Dec. 31, one can see that there are actually multiple categories of SpaceX stock (which I hadn't noticed), and the total actually adds up to 5.15% of the fund. By the way, TD Ameritrade also fails to show SpaceX among the top ten holdings of BPTRX, even though it outranks both Charles Schwab (SCHW) and Guidewire Software (GWRE) which were at 5.06% and 4.85%, respectively, on Dec. 31.
Security: SPACE EXPLORATION TECHNOLOGIES
Shares: 311111
Value: 62943977.52
Percent value: 2.307561828494
Security: SPACE EXPLORATION TECHNOLOGIES CLASS I SHARES
Shares: 131657
Value: 26636844.24
Percent value: 0.976521780503
Security: SPACE EXPLORATION TECHNOLOGIES CLASS C COMMON STOCK
Shares: 30221
Value: 6114312.72
Percent value: 0.224154163687
Security: SPACE EXPLORATION TECHNOLOGIES CLASS A COMMON STOCK
Shares: 221631
Value: 44840383.92
Percent value: 1.643873844419
In addition, as of Dec. 31, Tesla was 16.9% of the fund:
Security: Tesla Inc
CUSIP: 88160R101
ISIN: 88160R101
Shares: 1100000.0
Value: 460163000.0
Percent value: 16.86983593224
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Elon said in the Fireside Chat today that Starlink is not going public anytime soon. He said 0% chance. He said the goal with Starlink is to NOT go out of business.
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