HOW TO INVEST IN SPACEX
Learn how you can invest in SpaceX, a space exploration company commercializing space flight and travel through advancements in aerospace technology and spacecraft.
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.
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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 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.
INVEST DIRECTLY IN SPACEX
If you’ve decided to invest in SpaceX, here’s what you’ll need to do.
Instructions for investing:
- Sign into your MindRock profile using the link provided in your invitation
- Review all the information on the MindRock site regarding the investment
- Review the Investment Documents located under the Documents Tab
- Click the Invest Now button
- Choose the amount you would like to invest.
- Sign the online subscription agreement through Docusign
- Choose the method of Payment you would like to use: ACH, Credit Card, BTC
Your investment will be completed and your shares issued by Aug 15th, 2022
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.