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SpaceX market cap 33.5 billion. Would you buy?

Discussion in 'SpaceX' started by traxila, Apr 20, 2019.

?

Space X a buy in 2019 at 33.5 billion?

Poll closed May 4, 2019.
  1. YES

    87.0%
  2. NO

    4.3%
  3. Damn, don’t have a clue.

    8.7%
  1. traxila

    traxila Supporting Member

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    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?
     
    • Like x 1
  2. ecarfan

    ecarfan Well-Known Member

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    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.
     
    • Like x 2
  3. 1101011

    1101011 Proud TSLA/SCTY shareholder since 2013.

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    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?
     
  4. traxila

    traxila Supporting Member

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    Forge
     
  5. ecarfan

    ecarfan Well-Known Member

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  6. 1101011

    1101011 Proud TSLA/SCTY shareholder since 2013.

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    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.
     
  7. traxila

    traxila Supporting Member

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    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.
     
    • Informative x 1
  8. 1101011

    1101011 Proud TSLA/SCTY shareholder since 2013.

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    I can do that. More detail?
     
  9. brianman

    brianman Burrito Founder

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    :( 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.
     
  10. traxila

    traxila Supporting Member

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    Forge
     
  11. traxila

    traxila Supporting Member

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

    Patrick W Active Member

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    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.
     
  13. brianman

    brianman Burrito Founder

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    I'm talking about this kind of stuff:
    Accredited investor - Wikipedia
     
  14. bxr140

    bxr140 Active Member

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    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.
     
  15. brianman

    brianman Burrito Founder

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    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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