SpaceX Stock Is in High Demand: Here’s How To Buy SpaceX Stock

SpaceX stock is not a company that investors can buy through standard channels. You will not find it on the New York Stock Exchange (NYSE) or the Nasdaq. SpaceX is not a publicly-traded company, it is privately held.

What is SpaceX? Before we answer how to buy SpaceX stock, let’s first answer what SpaceX is? It is an aerospace company that designs and builds rockets and communication satellites.

SpaceX is developing a deep space transport called Starship. A prototype is awaiting Federal Aviation Administration (FAA) approval for an orbital test.

SpaceX is developing the Starlink project. This project will provide broadband service around the world from low-orbit satellites.

Despite the hopes of many retail investors, SpaceX will probably not have an initial public offering (IPO) anytime soon.

There are a few pros to buying SpaceX stock. First, the company is on the cutting edge of commercial space travel and has enormous growth potential.

Additionally, the Starlink service is being tested and may also be successful. Lastly, SpaceX can raise capital relatively quickly in its growth trajectory.

There are a few cons of buying SpaceX stock too. First, the company is private and pre-IPO shares are difficult to value, as well as have less liquidity.

Venture Capital Funds A straightforward way to buy SpaceX stock is to become a venture capital fund (VC) member investing in SpaceX.

Baillie Gifford Trusts The Baillie Gifford trusts are another way to buy SpaceX stock.

Google In 2015, Google invested $900 million with Fidelity Investments in SpaceX. At the time, the shares were worth almost 10% of SpaceX.

Secondary Markets An alternative way to buy SpaceX stock is through the secondary market.

Investors can gain exposure to SpaceX through VC funds, the Baillie Gifford Trusts, the secondary market, and owning Alphabet stock.

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