Post by J. Clarke
On Mon, 13 Jan 2020 00:51:29 -0600, Lynn McGuire
Post by Lynn McGuire Post by Ted Nolan <tednolan>
I was paying bills this evening, and wrote out my annual dues for
the National Space Society. I've been a passive member (page through
the newsletter and think "Go, Space!") since it was the L5 Society.
It's not much of an expense really, but as I signed the check, I
started to wonder if I've been a sucker all these years. It seems
to me I could have done more for the cause by buying SpaceX or
Virgin Galactic shares rather than supporting an organization that
seems to mainly lobby the feds...
Seems more Heinleinian too.
SpaceX is privately owned by Elon Musk and his partners. The ante is a
couple of billion dollars.
Actually is know that several blocks of SpaceX traded in the 20-30
Currently the share value is estimated to be around $25000.
You got way too many zeros there, the last investor fundraising (April
2019) valued individual shares at $204 for a total valuation of $33.3
There's no official valuations after that since it's not publicly
traded but it sounds plausible that some analysts might assign it a
value of $250/share ($40.8 billion total valuation), IE two zeros
Post by J. Clarke
But as you say it is privately held--you have to know someone to have
a chance of getting involved.
IIRC there's even restrictions on who can buy them? I have feeling
someone mentioned there some restrictions on unlisted stock purchases
in the US (something about minumum income and/or minimum wealth).
I guess you could try support them indirectly by buying shares of a
publicly traded company that owns SpaceX shares.
One obvious candidate is Alphabet (IE Google) since they apparently
own 7.5% of the SpaceX shares,. However based on relative
valuations (Alphabet is *BIG*) that only adds up to ~0.3-0.5% of the
Alphabet share value coming from SpaceX shares they own so very
I'm not going to go through the list to see if there's a smaller
entity that might result in a higher percentage "indirect ownership".