Sure, affordable is relative, but if you compare it to the expected price of Virgin Galactic with $250,000 per seat, well, then $20,000 sounds like a bargain. For example, the recently announced first all-commercial space flight is being sponsored by a billionaire, which is paying the costs for three “everyday” people as part of a charity event. At any point in its history, a SpaceX IPO could have generated a significant stock price and one of the most exciting launches in recent history. Musk has been reluctant to force SpaceX to endure the scrutiny that comes with being a … This was the third-largest funding round since 2002. Gwynne Shotwell, SpaceX COO, also predicted a future Starlink IPO in February, saying: "Right now, we are a private company, but Starlink is the right kind of … Elon Musk is a legendary entrepreneur, but that doesn’t guarantee success in an industry chock full of complexity. Elon Musk is known for being shy when it comes to the SpaceX IPO. An IPO for SpaceX's internet subsidiary isn't likely this year because it's still in a deep hole. This isn’t new for Musk. Elon Musk simply doesn't need the capital that an IPO would bring into company accounts, and he would give a part of company relevant decisions to investors. Needless to say, a SpaceX IPO is likely to be the hottest ticket on Wall Street. MILLENNIAL MONEY IS A PART OF THE MOTLEY FOOL NETWORK, A DIVISION OF THE MOTLEY FOOL.©1995-2021 THE MOTLEY FOOL. SpaceX closed its most recent round at $419.99 per share. This article provides details about the newest developments around the SpaceX stock price and SpaceX IPO. Elon Musk Says SpaceX Could IPO Starlink—But Only Under One Big Condition By Sissi Cao • 09/29/20 12:04pm Elon Musk is seen on September 25, 2020 in Los Angeles, California. SpaceX is targeting Tuesday, May 4 for launch of 60 Starlink satellites from Launch Complex 39A (LC-39A) at Kennedy Space Center in Florida. But this can change fast. To date, private investors have gladly stepped in to provide SpaceX an abundant stream of funding, but eventually, they’ll expect a return on investment. However, it has been reported the company’s newest round of funding raises the company’s value to $74 billion and provides $850 million in fresh capital. So back to the big question: Will Starlink IPO? The main question is how many people are eager to invest $250,000 for one flight after those 600 on the list. As of February 2021, SpaceX is valued at $419.99 per share at a valuation of $74 billion. And for the first time, investors got the answer they’ve been looking for. In fact, SpaceX is well on its way to establishing its viability from easier-to-accomplish tasks like government-contracted and civilian space travel. Additionally, in the intermediate future the company’s largest source of revenue will come from the federal government, so growth will be largely based on appropriations and not the quality of the product. Traditionally, companies on the New York Stock exchange have used symbols three letters or fewer – BA for Boeing and RTN for Raytheon – while stocks on the NASDAQ tend to have four letters (TSLA). Like Bitcoin, 10 years ago, no one believed in Bitcoin, and now it is a multi-trillion dollar business. In addition, public companies whose shares are widely available for purchase have invested in SpaceX. Conclusion. With 2021 seeing a wave of special purpose acquisition company (SPAC) mergers, no shortage of space companies are raising to go public. The Starlink IPO is likely several years away. SpaceX begins accepting $99 preorders for its Starlink satellite internet service as Musk eyes IPO Published Tue, Feb 9 2021 9:28 AM EST Updated Wed, … While a SpaceX IPO might be a long way off the horizon, there are plenty of other competitors and space exploration alternatives that are publicly traded. Tesla was founded in 2003, and filed for an initial public offering in 2010, at $17 per share. The main opportunity for Starlink is that millions of users live in rural areas that are best served by satellite internet. The IPO will bring in new capital that can be invested to develop the best space rockets and bring spaceships to orbit and beyond. Download our free SpaceX Starlink IPO report to find out more information on how to profit today. You can register with some personal data for most of the offered ventures. Many forget he was heavily involved with and the largest shareholder of SolarCity, which floundered on the public markets until the company was acquired by Tesla in a move heavily scrutinized by Wall Street analysts. Virgin Galactic went public via SPAC in 2019 and has used the public markets to raise cash and fund future operations. If SpaceX would go public right now, you can expect that investors would be willing to pay much more than $419.99 per share. Starlink IPO Details From Elon Musk. It is expected that Starlink could have a revenue of $30 billion per year, which is currently much more than the space rocket business. Disclaimer: The content provided is for informational purposes only. Remember, these shares are private and you cannot find SpaceX shares on major exchanges such as the NYSE or Nasdaq. They just announced their top 10 “best buys now” across the entire stock market. In the past 20 years, he has executed thousands of trades. However, the biggest challenge to retail investors making gains in SpaceX stock might just be Elon Musk himself. For people ready to make investing part of their strategy for financial freedom, take a look at The Motley Fool’s flagship investing service, Stock Advisor. A dds launch date of OneWeb Satellites. Well, that depends. The stock price fell as low as $8.96 in October 2019 and then moved volatile to a high of $42,49 in February 2020, back to a low of $9.06 in March 2020, and to its recent all-time-high at $62.80 in February 2020, to decline by 50% a month later. Even if it did it would be a high-risk proposition. However, Musk hasn’t always been a flawless executive. If you have been thinking about investing in the stock, you aren't alone. New technologies and product development achievements make it possible to start new ventures, built an even better spacecraft, boost the satellite business, and make the experience of exploring space even better. How to buy SpaceX stock? In March 2017, SpaceX became the first company in the world to reuse a rocket that is sent to space. He has made statements that the company’s long-term goals aren’t compatible with the short-term demands that come with being a public company. ... To date SpaceX has launched more than 700 Starlink satellites. SpaceX wants to colonize Mars and make space tourism affordable with $20,000 and lower. The two most exciting space exploration programs: You’ve probably already guessed that SpaceX leads the way. They first recommended Netflix in 2004 at $1.85 per share, Amazon in 2002 at $15.31 per share, and Apple back in the iPod Shuffle era at $4.97 per share. Before its latest funding round SpaceX was valued at $46 billion. SpaceX has a widely-acknowledged lead in front of competitors such as Blue Origin. Below, we have everything you need to know about SpaceX stock. We know the valuation will change each time the company undergoes a new investment round, and if the company does go public the stock price will be higher than the current price. After announcing the service, SpaceX quickly revealed that more than 700,000 individuals were interested in Starlink. Prior to February, SpaceX had taken nearly $5.1 billion on outside funding and was valued at $46 billion as of its last funding round. Like with SPCE, if the company succeeds, the stock price can go to the moon, and the risk is limited. Starlink is the by far most profitable SpaceX subsidiary, and it is an exciting alternative to investing in SpaceX directly. Finally, even the federal government invested in SpaceX early in their partnership, putting more than $3.1 billion into the company to fund its Dragon spacecraft. We have a full hub that can get you up to speed on when Starlink stock could IPO. Although SpaceX saves government money on space travel, the benefits seem misaligned in a world where covid rages and unemployment remains stubbornly high. HOL currently trades at about $13 per share, with its high at $22.47 in February 2021. SpaceX stock is not currently publicly traded and, provided you are a non-accredited investor, you’ll have to wait until SpaceX has its initial public offering or follows Virgin Galactic’s lead and does a reverse merger with a SPAC (special purpose acquisition company). Consumers with the financial ability to fly into space will likely treat the experience as a novelty event, something that’s fun to do once. However, it should be noted that the minimums on these sites often reach $100,000 or more. To date, these services have been slow and expensive, making Starlink potentially very disruptive in the space. SpaceX is not currently publicly traded. Skeptical? If Sir Richard Branson succeeds, the price per share may go up to $100. The potential return on investment by 2021 (scheduled IPO date) will be over 100%. 23 2021, Published 9:18 a.m. spacex ipo! A stock symbol is for public companies, as the price changes often and it allows investors to quickly see their investment performance amid a sea of blinking tickers. Virgin Galactic says that about 600 people on the waiting list, willing to pay about $250,000 per seat for total potential revenue of 150,000,000. The company’s Falcon 9 rocket first carried astronauts to space in a Dragon spacecraft in March 2020, so SpaceX has a lead on many other commercial spaceflight companies targeting this potentially lucrative market. Who else can do it if not Elon Musk? In short: the competition is rising! Musk wants to bring the cost of space tourism down, but it will never be an option for most consumers. If you want to own a piece of SpaceX you can buy publicly traded companies that have invested in it already — such as Alphabet — or if you’re an accredited investor you can look for shares on secondary marketplaces. SpaceX recently raised funding at a $419.99 share price (somewhere, Elon Musk giggles). SpaceX has been described as the most popular pre-IPO tech company in the world. Here is yet another SPAC deal. Virgin Galactic (NYSE: SPCE) saw a healthy bump … Join us as we discuss the SpaceX subsidiary named Starlink. Elon Musk announced that he expects to go public with Starlink once they have all relevant numbers in their hands. As a private company, SpaceX has no reason to have a stock symbol and does not have one. At its reported $74 billion valuation, SpaceX is significantly higher valued than Virgin Galactic’s $2.2 billion valuation. CNBC reported that SpaceX raised the last $850 million at $419.99 a share, which boosted the companies valuation by 60% compared to the previous funding round in August 2020. Musk's Lofty Projects SpaceX raised $850 million of new capital by selling private stocks to investors. In addition, you must be accredited (have a net worth of at least a million minus your primary residence or reach certain income thresholds) to purchase SpaceX stock through these marketplaces. In addition, public companies whose shares are widely available for purchase have invested in SpaceX. The plan is to send a minimum of 10,000 satellites to orbit and provide high-speed internet worldwide for $99 per month or $499 pre-paid for a year. Why would a Starlink IPO be potentially lucrative for investors? Required fields are marked *. Some market forecasts believe satellite Internet could reach a total addressable market (TAM) of $100 billion in the coming decade. He flies to space already, and it is just a matter of time until we can also fly to the Moon or at least to orbit. SpaceX recently indicated that it could spin off and pursue an IPO for its satellite-based Internet business, Starlink. Once we can predict cash flow reasonably well, Starlink will IPO Manufacturing spacecraft is a capital-intensive industry that requires tons of money to keep things running. From here, the stock may fall to $10 again, or it may go up to new all-time highs. Beyond delivering payloads into space, the company has opportunities in satellite Internet and space tourism. SpaceX is private so non-accredited investors outside of employees are not allowed to directly buy stock. In 2012, when SpaceX was founded, it had over $4 billion in contracts. It raised $486.2 million from eight investors via an equity offering in … His vision and ability to make the impossible possible are one of a kind. With a share price of $12, VACQU is currently just 20% above the average SPAC price of $10 per share. With a list of backers like this, it’s understandable that many retail investors are itching to buy the stock once the IPO occurs. Compare that to satellite launches, which were just $4.5 billion in 2017. It’s a fool’s errand attempting to answer this question without seeing the company’s financial position or understanding what the IPO price would be…if it even happens. But it’s the next leg of SpaceX’s monetization that has been the highest profile: space tourism. With the company now valued at $74 billion and possessing interplanetary ambitions, is an IPO on the horizon? Leaked SpaceX projections from 2016 had Starlink contributing 83% of company revenue by 2025. Get free access to Grant's best tips along with exclusive videos, never-released podcast episodes, wealth-building how-to's, time-saving calculators, mind-blowing courses, and way more. If he fails, the potential loss is limited. Starlink launches 60 satellites & reveals next growth market, SpaceX Raises Fresh Cash at $74 billion valuation, SpaceX Announces All-Civilian Space Mission for Q4. It may take longer than just 2024 that Elon Musk announced to make space flights available to the public. SpaceX has three primary business lines: launching payloads into space for NASA, selling satellite Internet, and space tourism. daytradingz.com is an independent platform. Astra will be listed on the Nasdaq via the stock symbol ASTR. The method — SPAC or traditional IPO — doesn’t affect the stock symbol but the choice of exchange might. SpaceX is not currently publicly traded. The company has continued to lead successful missions for governmental agencies and will be top-of-mind for future contracts. (However, there is a backdoor way you can own SpaceX stock…see below). IMO the same goes for SpaceX. Elon Musk founded SpaceX in 2002. To date, SpaceX has deployed over 1,000 Starlink satellites in low Earth’s orbit and begun beta service in North American and the U.K. Elon Musk recently announced that Starlink is likely going public once the cash flow can be predicted reasonably well. The shares are already publicly traded and available via the stock symbol SPCE. The contributors and authors are not registered or certified financial advisors. Want more details on Starlink? His vision and ability to make the impossible possible are one of a kind. What is the Starlink IPO Date? Can we expect the SpaceX IPO in 2017? We aim to keep the content current and accurate by updating it frequently. Going forward, if a negative event like an explosion occurs it could lead to decreased demand for commercial travel and an end to the critical government contracts. From their operational hub in New Mexico, Virgin Galactic wants to launch regular spaceflights for individuals. That would be awesome, but so far, SpaceX is privately held, and we still don't know yet when we can invest in Elon Musks' megaproject. Whether you’re starting with $100, $500, or more, you should check out the full details. Will SpaceX’s Starlink Kill the Cable Industry? Earlier in SpaceX’s history, the company experienced its fair share of setbacks, including launch failures and explosions. Once investing in SpaceX and Starlink becomes possible, I'll invest immediately. SpaceX was founded by Elon Musk in 2002 and upended the rocket industry by successfully introducing and implementing the application of reusable rockets. As of February 2021, SpaceX is valued at $419.99 per share at a valuation of $74 billion. Shares may be available on secondary markets. SpaceX designs, manufactures and launches advanced rockets and spacecraft. Therefore, an investment in Starlink could be an even more attractive investment compared to SpaceX. As of February 2021, SpaceX is in the process of closing a new round of funding at a minimum valuation of $74 billion. The company has pioneered a number of technologies and hopes to one day become the first interplanetary company! There’s no wonder why investors are excited to see the company debut on the public markets. Satellites that allow internet access everywhere is a business model that everyone understands, and it may replace the way we currently connect to the internet. Expected IPO Date: 2022 or later. Take a look where they are now. Feb 6 (Reuters) - Elon Musk's SpaceX plans to list its space internet venture, Starlink, but not for several years, a company official told Reuters on Thursday. But HOL is just a special merger acquisition company (SPAC). SpaceX stock has a large list of venture capital backers, including Founders Fund, the VC firm started by fellow PayPal Mafia brethren Peter Thiel, along with high-profile VC firms G Squared and Draper Associates. The company began beta testing the satellite service in October 2020 and began taking preorders in February 2021. SpaceX has the ambitious goal of making humanity an interplanetary species by sending spacecraft to Mars. Сompany statistics. Shares may be available on secondary markets. In 2015, he began writing articles about trading, investing, and personal finance. Right now, you can pre-register for Starlink access, and SpaceX already said that more than 700,000 individuals within the United States are interested in using Starlink for $99 per month. Sir Richard Branson founded Virgin Galactic with the mission to use space for good as the world's first commercial spaceline. SpaceX has been raising huge sums on private markets. Just a word of caution, make sure to do your due diligence, as many may be of significantly lower potential than SpaceX. Sometimes the actual data can differ from what's stated on our website. Second, Musk has a relationship with investment banks through Tesla and many would jump at the chance to take this company public. Wherever it’s listed, when the company comes to the public markets, it will likely be a traditional IPO, unlike competitor Virgin Galactic, which chose to go public via a reverse merger with a SPAC. Currently, there are not real active choices when it comes to exploring space for individuals. Only an IPO would give a much better understanding of the company's value. Starlink is already shipping its product. The mere news of Ark filing its prospectus to launch a space ETF (under the ticker ARKX) energized speculators. Here’s what investors should consider before buying shares once SpaceX stock is available to the public. SpaceX recently indicated that it could spin off and pursue an IPO for its satellite-based Internet business, Starlink. There’s a company that “called” these businesses long before they hit it big. Historically, the New York stock exchange has been preferred by large equipment manufacturers like Boeing, Raytheon, and Caterpillar all being listed on the “Big Board.” However, Musk has history with the tech-focused NASDAQ exchange and likes to think of himself as more of a tech founder than a manufacturer. Those who want to invest in space stocks should keep a close eye on the valuation, data and audience insights. Before the most recent round of funding, Musk owned 54% of SpaceX as of September 2020. However, as the only source of significant revenue any changes in governmental priorities would force SpaceX to revisit its value proposition. As of February 2021, it had left beta and was delivering to customers across several markets. Once investing in SpaceX and Starlink becomes possible, I'll invest immediately. Expected IPO Date: 2023 or later. The price per share in this new round? The stock symbol SPCX would seem like a natural fit for SpaceX’s stock ticker but has been claimed by an ETF that ironically tracks SPACs. If SpaceX debuted this year it would have an expensive price to sales ratio when investors are in a mania about space travel stocks, willing to pay nearly any price for them on the basis others will pay more – the greater fool theory – so it’s a folly to take fundamentals into account for owning SpaceX stock. Investors should also understand that IPOs tend to underperform established stocks in the long run, so SpaceX must ensure it is (pun unintended) firing on all cylinders and there’s no guarantee investor sentiment and valuation corrections won’t drag the stock down anyway. One thing that’s guaranteed is SpaceX will have nosebleed valuations. In February 2021, Elon Musk said that it is now worth a whopping $74 billion. Additionally, Virgin Galactic is now public and can quickly source new investment capital, which could force SpaceX to IPO to keep up. It’s been a fruitful endeavor for long-term investors as the stock, symbol SPCE, had been on a tear in the last year. You can either buy one stock or 100 to invest $1,000. The company was founded in 2002 to revolutionize space technology, with the … Alexander has been featured on Benzinga, Futures Magazine, and ESI Money. Led by Elon Musk, SpaceX is perhaps most well known for its reusable rockets. Founder and CEO Elon Musk has plans for SpaceX to be the first interplanetary company. Sir Richard Branson founded Virgin Galactic in 2004 to build upon his success running an airline, and Blue Origin, founded by Amazon’s Jeff Bezos in 2000. If you look at the chart below that includes cumulative money raised by round and the valuation per round and you can see the significant market capitalization growth. SpaceX is preparing to IPO this year, according to a leaked report posted to a trading forum and tipped off to Teslarati. The SpaceX stock price would then dictate what to do and when. Second, SpaceX is launching a series of Starlink satellites that will provide high-speed Internet access. The IPO date for Rocket Lab can be as soon as Q2 2021, and the ticker symbol at Nasdaq will be RKLB. Relatedly, customer concentration risk is an issue for SpaceX both in the public and private sectors. Musk knows this and it’s one reason why he doesn’t care to take the company public. Here’s what we do know. If you now think that you may have just a few bytes of speed when connecting to a satellite far away, well, then you are entirely wrong. SpaceX has three potential revenue streams. Alone those who registered so far would lead to annual revenue of $349,300,000. SpaceX’s mission to colonize Mars for the benefit of mankind might seem audacious, but so did the plans of explorers like Christopher Columbus that discovered “the New World.”. Pre-close, SpaceX has raised more than $5 billion in total funding. Space stocks are booming these days, and the question of how to buy SpaceX stock is one of the most frequently researched ones. Only 2020 with $1.9 billion in new capital and 2015 with $1 billion in fresh capital has been higher. And one of the major factors is how big a splashdown the forthcoming Ark Invest Space Exploration ETF makes.. Your email address will not be published. SpaceX is not currently listed and has no public ticker. That mainly depends on the upcoming news about when public flights will become possible. SpaceX is the world’s fastest-growing provider of launch services and has over 100 future missions on its manifest, representing over $10 billion in contracts. You should consult a financial professional before making any financial decisions. The data speed varies from 50Mb/s to stunning 150Mb/s with a low latency of about 20-40ms. The International Space Station still seems far away, but falcon 9 rocket launches happen frequently, and in a few years, we all can be Astronauts. Don’t look for that to happen soon, though. Tired of Waiting for the SpaceX IPO? Currently, the bulk of SpaceX’s revenue comes through its contract with NASA. Additionally, SpaceX is under no obligation to disclose its investors, which prevents the public from knowing all its backers. Rocket Lab plans a Neutron rocket with a first launch expected in 2024. When asked about the Bloomberg report at a satellite conference on Monday, Musk said that SpaceX is putting "zero" thought toward a Starlink IPO, contradicting Shotwell's prior statement. If SpaceX could retain 50% or more of Starlink stock, it could raise hundreds of billions to pursue its primary objective. At this point, a bet on SpaceX is a bet on Elon Musk, which has paid off handsomely for Tesla shareholders. The answer is likely yes. But we've found a way to profit from IPOs today. The bull case for SpaceX is Elon Musk’s track record of success and the potential long-term value creation if his audacious plan comes to fruition. According to Forbes, Musk is the second-richest person in the world (trailing Amazon and Blue Origin founder Jeff Bezos) with a net worth approaching $200 billion. He is very passionate about sharing his knowledge and strives for success in himself and others. So, even if the test flight will happen in May, individuals will not start before 2022 into space. Markets such as Sharespost do try facilitating secondary markets where investors can purchase SpaceX stock. Assuming a NASDAQ listing, SpaceX has a choice of symbols like SPEX and SPAX to choose from once it goes public. ALL RIGHTS RESERVED. But here is the deal, Starlink, a venture of SpaceX, will probably go public soon. Mar. While we are independent, we may be compensated for advertisements, sponsored products, or when you click on a link on our website. The current SpaceX market valuation is $74 billion, and the newest funding round added another $850 million fresh capital. The company’s ultimate goal is to enable people to live on other planets. ET On the bear side, SpaceX’s ultimate aims to colonize Mars and commercialize space travel will require a lot of technological breakthroughs and capital. While exciting, success in the commercial space is not guaranteed. SpaceX COO Gwynne Shotwell has been dropping heavy hints about SpaceX's desire to conduct an initial public offering for ... to see SpaceX announce a date for its Starlink IPO … A stock symbol sets you apart from other companies in this crowded space and forces investors – with short-term memories – to remember your company. Rocket Lab also wants to raise more capital with their IPO (deal valued at $4.1 billion), and some call them the Mini-SpaceX that investors can buy today.