SpaceX is an exciting company that focuses on space exploration.
Lots of people enjoy following news about the company and watching its launches.
Pioneered by Elon Musk, who has been successful with companies such as electric car manufacturer Tesla and payments giant PayPal, you may have the confidence to invest in SpaceX well.
so it’s natural that people want to invest.
If you’re considering investing in SpaceX, here are the things you need to know.
No Direct Way to Invest
Because SpaceX is not a publicly-listed company, you cannot buy shares of the company or invest in SpaceX directly.
The only way to invest in SpaceX is to invest indirectly.
That means:
Either invest in businesses that SpaceX works with or investing in companies that hold an interest in SpaceX.
Companies That Have an Interest in SpaceX
There are some companies that have invested in SpaceX.
One way to indirectly invest in SpaceX is to invest in businesses that own shares in SpaceX.
The most accessible is likely to be Alphabet (NASDAQ: GOOG), the parent company of Google.
That said:
If you buy shares in Alphabet as an indirect way to invest in SpaceX, the performance of Alphabet’s services, like Google and Youtube, will have a much higher impact on your investment than SpaceX’s success or failure.
Unless SpaceX becomes worth trillions overnight, most of the change in Alphabet’s stock price will be based on other factors.
How to Invest in SpaceX Indirectly
If you’ve decided that investing in SpaceX indirectly, by buying shares in other businesses that own an interest in SpaceX, here’s what you’ll need to do.
Have a brokerage account
The first thing that you’ll have to do is open a brokerage account. Brokerages help facilitate the purchase and sale of securities, like stocks, bonds, and mutual funds.
There are many brokerage companies out there, each with its pros and cons.
You can get perks if you invest in your brokerage’s funds, so if you have a specific fund you want to invest in, that can guide you to the right brokerage.
Once you’ve chosen a brokerage to work with, you have to open an account.
That typically means filling out an application, providing some identifying information, and linking a bank account that you can use to fund your brokerage account.
Place a buy order
When you’re ready to buy a stock, you’ll have to place a buy order. There are two primary types of buy orders you can use.
The market order is the simplest. Simply tell your broker how many shares to buy and your brokerage will buy those shares at the best available price.
If shares are available for purchase, you’ll buy them, but you might wind up paying more than you expected, especially if you’re buying shares in a company that isn’t traded frequently.
Limit orders are safer, but a bit more complicated. With a limit order you specify how many shares to buy and the maximum price you’re willing to pay for each share. If the shares are available below your maximum price, your broker will buy them at the best available price. If no shares are available below the limit you set, you won’t buy shares at all.
With a buy limit order, you’ll know the maximum amount you’ll spend, but there’s a chance that you won’t buy any shares, which could lead to you missing out on an investment opportunity.
Other Ways to Invest in Space
SpaceX is just one of the few businesses that is involved with manned spaceflight.
So, there are other ways to invest in space technology.
Innovators in space technology
There are other aerospace companies, such as Boeing, that do a lot of manufacturing related to outer space and have divisions dedicated to developing space technologies.
You could choose to invest directly in one of these companies instead.
Investing in a single company is risky because you’re putting all your eggs in one basket.
Space funds
Another option is to buy a mutual fund or ETF that focuses on the aerospace industry.
Mutual funds let you buy shares in a single fund that owns a stake in dozens or hundreds of companies. This makes it easy to diversify your investment.
If one company fares poorly, you won’t lose your entire investment.
Ideally, the other stocks in the mutual fund will perform well and make up for the losses in the poorly-performing stock.
Company Overview
SpaceX is an American aerospace company that builds and launches space equipment including satellites and spacecraft.
It is one of the few entities on Earth capable of manned space launch. It also has other initiatives, such as launching communications satellites and the development of a satellite internet service.
SpaceX was founded in 2001 by Elon Musk, the CEO of Tesla. It launched its first spacecraft, the Falcon 1, in 2006.
How Does SpaceX Make Money?
Space travel is exciting, but it might not be immediately obvious how SpaceX can make money.
Currently, SpaceX’s main sources of revenue are selling its launch capabilities to other companies.
For example, companies will hire SpaceX to launch satellites for them. Governments also pay SpaceX to keep the International Space Station supplied.
More recently, NASA announced that it would work with SpaceX to launch another mission to the moon.
Research and Analysis
When you’re considering an investment, it’s important that you take the time to research the company and do your due diligence.Every investor does research differently.
Some rely on a strategy called fundamental analysis.
These investors look at things like a company’s revenue, debt, cash flow, profit, and other financial indicators. Based on these numbers, fundamental analysts try to determine a fair price for a stock. If the stock is trading below the calculated fair price, it might be a good opportunity to buy shares.
Another common practice is to look at a company’s competitors and to determine how well positioned each is.
If there is a lot of competition in an industry, it may be risky to invest.
Because few companies are capable of space travel, there is not much competition in the industry.
Another research strategy is called technical analysis.
Technical analysts look at stock charts and try to identify patterns in them. They use the patterns they identify to try to predict future changes in the stock’s price.
Keep in mind:
Investing involves risk.
Even if fundamental and technical analysis indicates that the company is poised to gain value, there’s no guarantee that you’ll make money if you invest.
Consult an Advisor
All forms of investing are subject to risk but investing in a single business is one of the riskier ways to invest.
It’s exciting to invest in a company that you believe in but putting all your eggs in one basket means that you could lose a lot of money if that company fails.
Before you get started, take the time to consult a financial advisor to make sure that you’re on track to meet your financial goals. As always, only invest money that you can afford to lose.
FAQs
How Do I Buy the SpaceX IPO?
- Log in to or create a brokerage account (if you do not already have one)
- Search for SpaceX shares via company name or Ticker/Stock symbol.
- Select the number of shares you wish to buy.
- Place your order with quantity and price.
- Once your trade is completed, you become a SpaceX shareholder.
Although you can't buy shares of SpaceX as a retail investor, you can invest in it indirectly by buying shares in one of the companies that owns it. There are only 2 publicly-traded companies that have invested in SpaceX: Bank of America Corporation – NYSE: BAC.
What is the stock code for SpaceX? ›
SpaceX is not a publicly traded company; therefore, publicly traded SpaceX stock (which doesn't exist) has no stock ticker symbol.
Which mutual fund has SpaceX? ›
1. ETFs or Mutual Funds That Invest In the Related Industry Sector
- Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN)
- ARK Space Exploration & Innovation ETF (ARKX)
- iShares U.S. Aerospace & Defense ETF (ITA)
- SPDR S&P Aerospace & Defense ETF (XAR)
- SPDR S&P Kensho Final Frontiers ETF (ROKT)
- Procure Space ETF (UFO)
Can you invest in Starlink Internet? Starlink Internet is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
What are the best stocks to invest in now? ›
6 of the Best Long-Term Stocks to Buy
| Stock | Sector | Dividend yield (TTM) |
|---|
| AT&T Inc. (T) | Telecom | 6.5% |
| The Coca-Cola Co. (KO) | Consumer staples | 2.8% |
| Dominion Energy Inc. (D) | Utilities | 4.8% |
| United Parcel Service Inc. (UPS) | Industrials | 3.7% |
2 more rowsMay 15, 2023
While investors can't invest in NASA or SpaceX, there are other options for capitalizing on the 21st-century space race. From publicly traded traditional aerospace and defense companies, to up-and-coming growth stocks dealing with rocketry and satellites, there's no shortage of options for investors.
Why SpaceX is not on stock? ›
SpaceX is not a public company, it is still privately owned. Tesla, one of Elon Musk's other companies, is a public company.
What is Elon Musk invested in right now? ›
Musk's best investments include PayPal, SpaceX, DeepMind Technologies, Tesla, and The Boring Company.
How much is 1 share of SpaceX? ›
The current price is $0.000017 per SPACEX. The new price represents a new all time high of $0.000017. The current circulating supply is 0 SPACEX.
The easiest way to buy stocks is through an online stockbroker. After opening and funding your account, you can buy stocks through the broker's website in a matter of minutes. Other options include using a full-service stockbroker, or buying stock directly from the company.
Where is SpaceX listed? ›
SpaceX has two rocket test facilities for vertical takeoff, vertical landing rockets: the SpaceX Rocket Development and Test Facility in McGregor, Texas and a leased test facility at Spaceport America in southern New Mexico.
Who owns most shares in SpaceX? ›
SpaceX
| SpaceX's headquarters in Hawthorne, California |
|---|
| Owner | Elon Musk Trust (47.4% equity; 78.3% voting control) |
| Number of employees | 12,000 (April 2022) |
| Subsidiaries | Swarm Technologies |
| Website | www.spacex.com |
11 more rowsTheir latest funding was raised on Mar 23, 2023 from a Grant round. SpaceX is funded by 83 investors. Saudi Arabia's Public Investment Fund and Abu Dhabi Investment Authority are the most recent investors. SpaceX has a post-money valuation in the range of $10B+ as of Aug 25, 2021 , according to PrivCo.
Is SpaceX on the stock market? ›
Elon Musk's SpaceX is an impressive company, and an incredible story–maybe as impressive as Tesla.
How much will Starlink be worth? ›
Starlink valuation
That would put it at roughly $75 billion, host Calacanis noted. In mid-November, Bloomberg reported that SpaceX was in funding talks that would value it at more than $150 billion. Musk himself said in early 2021 that Starlink would go public once its cash flow could be predicted “reasonably well.”
How much is Starlink a month? ›
Starlink costs anywhere from $90 per month for Starlink Residential with standard data in low-capacity areas to $5,000 per month if you want the Starlink Mobility 5TB of Priority Mobile data. Starlink also requires upfront equipment fees ranging from $599 at the lowest to $2,500 at the highest.
How much does it cost to buy Starlink? ›
Starlink offers three different packages. Starlink internet costs $110 per month with a $599 one-time equipment fee. Starlink RV internet costs $135 per month with an up-front $599 equipment fee. Starlink Business costs $500 per month with a $2,500 one-time equipment fee.
What stock will grow the most in 2023? ›
Bank of America's Best Growth Stocks of 2023
| Company | Forward Sales Growth Next Year |
|---|
| Alphabet (GOOG, GOOGL) | +11.8% |
| Eli Lilly (LLY) | +19.4% |
| Match (MTCH) | +13.0% |
| Progressive (PGR) | +10.9% |
6 more rowsMay 1, 2023
In addition to Amgen, Inc. (NASDAQ:AMGN), other Fast Money stocks that are widely held by elite hedge funds include Tesla, Inc. (NASDAQ:TSLA), UnitedHealth Group Inc. (NYSE:UNH), and Microsoft Corporation (NASDAQ:MSFT).
Most Active - United States Stocks
| Name | Last | High |
|---|
| MSFTMicrosoft | 315.26 | 322.72 |
| AAPLApple | 171.56 | 173.38 |
| AMDAMD | 108.12 | 110.99 |
| AMZNAmazon.com | 114.99 | 117.14 |
30 more rowsAnother billionaire self-funded a historic, three-day mission aboard a SpaceX orbital capsule that flew higher than any human has traveled in decades. And all that promises to just be the beginning. The trio of space billionaires — Branson, Bezos and Elon Musk — have their eyes set squarely on the future.
Why we should invest in space travel? ›
Without space programs, we wouldn't have GPS, accurate weather prediction, solar cells, or the ultraviolet filters in sunglasses and cameras. There's also medical research happening in space right now that could cure diseases and prolong human lives, and these experiments can't be done on Earth.
How does spaceship investment work? ›
There are no sign-up fees with Spaceship Voyager, and zero fees on the first $5,000 invested. Investors are charged a percentage of their balance for amounts greater than $5,000, which you can see in the table below. There are also no brokerage fees, withdrawal fees or exit fees. 0.10% p.a.
Who controls space? ›
Space activities are for the benefit of all nations, and any country is free to explore orbit and beyond. There is no claim for sovereignty in space; no nation can “own” space, the Moon or any other body.
Who owns SpaceX Starlink? ›
Elon Musk's SpaceX has launched the first batch of its next-generation Starlink internet satellites as the company upgrades and further builds out its orbiting network.
Is SpaceX funded by the government? ›
Space Subsidies
SpaceX alone got a whopping $2.8 billion in government contracts last year, according to The Information, and has gotten a total of $15.3 billion from the government since 2003.
What stocks does Mark Zuckerberg invest in? ›
Mark Zuckerberg's investment strategy
- Bluefield Technologies, a company that makes sensors and micro-satellites that detect methane leaks.
- LEANLAB Education, a nonprofit that develops technologies for public education.
- BYJU's, which is an education technology company based in India.
Bezos has invested in social networks, real estate platforms, sports media, education, and much more.
What stocks does Bill Gates own? ›
The turnover rate is 0%. In Bill Gates's current portfolio as of 2023-03-31, the top 5 holdings are Microsoft Corp (MSFT), Canadian National Railway Co (CNI), Berkshire Hathaway Inc (BRK. B), Waste Management Inc (WM), Caterpillar Inc (CAT), not including call and put options.
Alphabet may be more serious about space than it lets on
With 10% ownership of SpaceX in conjunction with Fidelity, the company arguably has a solid stake in what could become the most important space company in our lifetimes.
How profitable is SpaceX? ›
SpaceX's valuation data shows that the company's worth in 2010 was more than $1 billion. This figure has grown from approximately $33.3 billion in May 2019 to $46 billion in August 2020. SpaceX's worth in October 2021 and July 2022 was $100 billion and $127 billion, respectively.
What is a 10 for 1 stock split? ›
A 10 for 1 stock split means that for each share an investor has, there will now be ten. This overall value of the company will still be the same due to market capitalization. This can be figured out by multiplying the total shares by the price each share is worth.
What is the best time to buy stocks? ›
Stock prices tend to fall in the middle of the month. So a trader might benefit from timing stock buys near a month's midpoint—the 10th to the 15th, for example. The best day to sell stocks would probably be within the five days around the turn of the month.
How many stocks should I own? ›
While it's easy to imagine how diversifying to avoid that risk is smart, there's no hard and fast number of stocks investors should own. Instead, researchers have generally concluded that owning 20 or more stocks is best for reducing the risk one lousy bet swamps a portfolio.
What states have SpaceX? ›
Under the lease, SpaceX will launch its workhorse Falcon rockets from Space Launch Complex-6 at Vandenberg Space Force Base, a military launch site north of Los Angeles where the space company operates another launchpad. It has two others in Florida and its private Starbase site in south Texas.
What state is SpaceX located in? ›
Starbase is a spaceport, production, and development facility for Starship rockets, located at Boca Chica, Texas, United States. It has been under construction since the late 2010s by SpaceX, an American aerospace manufacturer.
What is SpaceX official company name? ›
SpaceX (Space Exploration Technologies Corporation) is a space transportation and aerospace manufacturer founded in 2002 by Elon Musk. Musk is also the CEO of electric car maker Tesla.
Does SpaceX pay dividends? ›
doesn't pay a dividend – and Mr. Bezos's Blue Origin LLC and Elon Musk's Space Exploration Technologies Corp. (SpaceX) are not yet publicly traded – there are lots of ways to invest in space for dependable dividends.
How much stock do SpaceX employees get? ›
According to the report, the shares are being offered in an "employee tender" for $70 each. This contrasts to a split-adjusted $56 per share at a valuation of around $100 billion during a sale in October.
“I think in 2025 it (Tesla) will be $500 to $600 (per share). And in eight to ten years, we ought to be somewhere around $4.5 trillion.” A market capitalization of $4.5 trillion would make Tesla more valuable than Apple and Saudi Aramco combined, a claim that Musk made in 2022.
Is SpaceX worth investing in? ›
Elon Musk's SpaceX is the world's busiest space company, which is a big reason why it's worth so much. The space company launched some 60 missions in 2022, up 100% compared with 2021. This year promises to be as busy—or busier.
Where does SpaceX get most of its money? ›
SpaceX generates revenue in a number of ways that can be summarized into four primary business lines:
- Manufacturing Rockets and Spacecraft. ...
- Transporting Humans and Cargo Into Space. ...
- Orbital Communications Satellites. ...
- National Defense Missions.
SpaceX is a private company, and you cannot invest in it as a retail investor. However, you may consider investing indirectly by buying shares of companies with investments in SpaceX, such as Google or Bank of America.
What is the most expensive stock in the world? ›
Berkshire Hathaway Inc.
Berkshire Hathaway, the conglomerate headed by legendary investor Warren Buffett, has the most expensive stock in the world, with shares trading at over $400,000 each. Berkshire Hathaway's market capitalisation is over $640 billion, making it one of the giant companies in the world.
Can you buy private stock? ›
The Bottom Line. Unless you're an accredited investor, you can't directly buy shares of stock in a private company. However, you can invest in funds that track this part of the market and can buy shares of private equity firms that do invest in private companies.
Is SpaceX stock publicly traded? ›
Elon Musk's SpaceX is an impressive company, and an incredible story–maybe as impressive as Tesla.
How much of SpaceX stock does elon musk own? ›
A trust associated with Mr. Musk owns 42% of SpaceX, according to a document the company filed last week with the Federal Communications Commission, which regulates its Starlink satellite-broadband unit.
Who are the investors in SpaceX? ›
SpaceX is funded by 83 investors. Saudi Arabia's Public Investment Fund and Abu Dhabi Investment Authority are the most recent investors. SpaceX has a post-money valuation in the range of $10B+ as of Aug 25, 2021 , according to PrivCo.
How much is SpaceX ipo? ›
If SpaceX would go public right now, you can expect that investors would be willing to pay much more than $419.99 per share.
- Zip2. Zip2 Corporation is notable because it is the first of Elon Musk's many known investments. ...
- X.com/PayPal (PYPL) Musk's innovative investments are generally focused on technology, but they are actually quite diverse in terms of the actual industry. ...
- SpaceX. ...
- Tesla (TSLA) ...
- DeepMind. ...
- OpenAI. ...
- NeuroVigil. ...
- SolarCity.
Most of Musk's wealth is tied up in companies, with nearly 90% locked in investments such as Tesla and SpaceX. Elon Musk invests in cryptocurrencies, private companies, and manages his wealth via a dedicated family office called Excession.
What is SpaceX lowest salary? ›
The average SpaceX salary ranges from approximately $42,441 per year for Laser Technician to $181,276 per year for CAD Technician. Average SpaceX hourly pay ranges from approximately $18.00 per hour for Carpenter to $36.28 per hour for Inspector.
Who is the highest paid employee at SpaceX? ›
Some of the highest wages a worker can make at SpaceX are in the job titles Security Engineer ($155,000), and title Full Stack Software Engineer ($155,000) which are the highest paying jobs at SpaceX.
What is SpaceX highest salary? ›
What is the highest salary at SpaceX? The highest paying role reported at SpaceX is Software Engineer at the L4 level with a yearly total compensation of $360,000. This includes base salary as well as any potential stock compensation and bonuses.
