A number of momentous achievements have drew worldwide attention to SpaceX. It is the only commercial corporation capable of bringing a spacecraft back to Earth from low orbit. As a result, it is projected that investors will become increasingly interested in learning how to buy SpaceX stock.
SpaceX is one of the world’s most valuable firms and one of the most popular pre-IPO technology businesses.
Is it, however, feasible to purchase SpaceX stock? What choices do investors have if this is the case? We’ll discuss about SpaceX and how investors can buy SpaceX shares in this blog post.
What Is SpaceX and How Does It Work?
SpaceX is a private company that develops, manufactures, and launches advanced rockets and spacecraft into… you guessed it… space.
The company was created in 2002 with the objective of revolutionising space technology, and it has one of the industry’s most ambitious goals: enabling humanity to live on other planets.
It is one of the world’s fastest-growing launch service companies, with over 100 missions under contract for more than $12 billion. Commercial satellite launches and US government missions are among them. SpaceX employs 9,500 employees in its development, manufacturing, and launch facilities, and has built three launch vehicles.
It competes with Amazon billionaire Jeff Bezos’ Blue Origin, Boeing and Lockheed Martin’s United Launch Alliance, Richard Bronson’s Virgin Orbit, and other largely government-run institutions including CNSA and NASA.
What Are SpaceX’s Prominent Features?
Here are some of SpaceX’s accomplishments thus far:
- In 2010, SpaceX successfully returned a spacecraft to low Earth orbit; in 2012, SpaceX’s Dragon spacecraft became the first commercial spacecraft to deliver cargo to and from the International Space Station; and in 2013, SpaceX’s Dragon spacecraft became the first commercial spacecraft to deliver cargo to and from the International Space Station.
- SpaceX successfully completed the first flight of an orbital class rocket in 2017, and the business currently launches flight-proven rockets on a regular basis. The ability to reuse rockets is critical to space accessibility in the future. Elon Musk presented SpaceX’s new Starship plans for private voyages to the Moon, Mars, and beyond in 2018. SpaceX began launching Falcon Heavy, the world’s most powerful operational rocket by a factor of two, in 2018.
- According to Elon Musk, the new Starship (and its Super Heavy rocket) will be able to transport up to 100 passengers to the moon, Mars, or other places in orbit or around Earth. It will be 387 feet (118 metres) tall, totally reusable, and have short turnarounds.
- SpaceX has been granted a contract by NASA to create lunar landers that astronauts can use to land on the moon; SpaceX has been granted a contract by NASA to create lunar landers that astronauts can use to land on the moon.
- SpaceX launched two people into orbit in May 2020, and their Dragon spaceship docked with the International Space Station (ISS). It was the first occasion in history when a private corporation successfully launched humans into space.
- SpaceX Purchases a Whole Village in Boca Chica
- SpaceX began exploring into expanding its rocket-launching operations outside of Florida in the summer of 2012. SpaceX’s Falcon 9 rocket had only flown a few times at the time, but with a fast expanding launch schedule, an additional launch site was needed to meet the company’s needs.
SpaceX purchased the whole municipality of Boca Chica in Texas in order to construct its own private spaceport. Why did SpaceX consider such a remote location, which lacked infrastructure and a competent workforce? There are various reasons why Boca Chica is an ideal location for rocket launches and landings:
- The plentiful supply of low-cost land.
- The sea is only a short distance away.
- Only 35 dwellings make up the population density.
- Texas provided a $15 million incentive for the spaceport to be established in the state.
After testing the launch and landing of Starhoper, SpaceX determined that residents of Boca Chica would need to be moved in order to avoid putting human lives in danger when launching and landing rockets in the future. Each property owner in Boca Chica was offered three times the property’s market value by SpaceX. Many accepted, but many turned down the offer because Boca Chica was their dream destination. Texas might stop leasing the sites, but this would require SpaceX to hand over the land to the government.
SpaceX is still in talks with the property owners, and as of March 2020, there were still seven residences on the table.
How do I get SpaceX stock?
SpaceX is still privately held, which means that its stock is not yet publicly traded. Is there any other way to buy SpaceX stock? And what should we anticipate to pay for each SpaceX share?
SpaceX’s current valuation is $36 billion, thanks to private finance. With an estimated 160 million outstanding shares, its share price in the private market might be worth $220.
Elon Musk, SpaceX’s CEO, is allegedly raising a new round of private money to continue the company’s Starship development. To do so, he will sell over 1 million of his own shares for an additional $250 million.
Because many of its investors, such as Google, NASA, and Bank of America, will be looking for a big return on their investment, the company will most certainly go public with greater statistics.
There are, however, other ways to invest in SpaceX before its IPO. For more information, see the sections below.
Are There Any Other SpaceX Investment Options?
Because SpaceX stock cannot be purchased on the stock market, there are other ways for investors to participate in the company prior to its IPO.
Some platforms allow investors to invest in firms before they go public. Existing stock option holders can sell their options to investors prepared to fulfil their price demands using platforms like EquityZen and Forge Global.
Just bear in mind that picking stocks on your own, especially before an IPO, is not always a good idea.
Do you have any reservations about SpaceX?
SpaceX has had a few mishaps that have had a significant financial impact as well as catastrophic space-related effects. A minor blunder in the space sector can lead to a financial disaster or have far-reaching ramifications for our planet.
The Starlink project has its own set of issues to deal with. In May 2019, the business launched its first batch of 60 internet satellites, with the goal of completing the project by 2027. Many scientists are concerned that by then, the network might have grown to include up to 42,000 satellites. Satellites are too bright, and they may form a “mega constellation” that blots out the stars and obstructs telescope operations. Astronomers would be unable to study the universe from Earth if this occurred, potentially jeopardising the study of astronomy.
The chance of collisions increases as more satellites are launched into orbit. Crashing may, in the worst-case scenario, turn into a disaster, cutting off our access to space.
final thoughts
As you can see, there are a few options for investing in private companies before they become public. Some paths are more challenging than others. However, if you’re willing to do some legwork, you might be able to buy SpaceX stock before it goes public.
Frequently Asked Questions
What exactly is SpaceX?
SpaceX is a private company that develops, manufactures, and launches sophisticated rockets and spacecraft. The company was created in 2002 with the objective of revolutionising space technology, and it has one of the industry’s most ambitious goals: enabling humanity to live on other planets.
What are some of SpaceX’s highlights?
SpaceX returned a spacecraft from low Earth orbit in 2010. Since then, numerous milestones have been achieved, the most recent of which is the development of a new version of the Starship, which is expected to transport people to the Moon, Mars, and beyond.
What are my options for purchasing SpaceX stock?
SpaceX is still privately held, which means that its stock is not yet publicly traded. However, there are alternative options for purchasing SpaceX shares.
Do you have any reservations about SpaceX?
SpaceX has experienced a few mishaps that have had not just bad financial consequences, but also catastrophic space-related effects. It is also launching a network of satellites, which has raised concerns among scientists.
Why did SpaceX spend so much money on a whole village?
SpaceX began exploring expanding its rocket-launching operations outside of Florida in the summer of 2012. SpaceX’s Falcon 9 rocket had only flown a few times at the time, but with a fast rising launch schedule, a new launch site was needed to suit the company’s needs. SpaceX purchased Boca Chica, Texas, and constructed its own private spaceport there.
Why did SpaceX decide to build a spaceport at Boca Chica?
SpaceX purchased the whole municipality of Boca Chica in Texas in order to construct its own private spaceport. Why did SpaceX consider such a remote location, which lacked infrastructure and a competent workforce? There are various reasons why Boca Chica is an ideal location for rocket launches and landings:
– Ample inexpensive land – Easy access to the sea – There are only 35 houses in the area, which means there is a low population density.
– Texas proposed a $15 million incentive for a spaceport to be established in the state.
Who is the owner of SpaceX?
Elon Musk launched SpaceX in 2002 and still owns 54 percent of the company’s equity and 78 percent of the voting control.