SpaceX, Elon Musk's revolutionary aerospace company, has long been a beacon of innovation, captivating investors and space enthusiasts alike.
As the company continues to break barriers in space travel, satellite deployment, and space exploration, the potential for future growth is enormous. While SpaceX remains a privately held company, many investors are eagerly looking for opportunities to acquire pre-IPO (initial public offering) shares.
Company Introduction
Founded in 2002 by Elon Musk, SpaceX has quickly risen to become a dominant player in the aerospace industry. The company achieved a historic milestone as the first privately funded organisation to send a spacecraft to the International Space Station (ISS) and successfully bring it back to Earth. Musk’s ultimate goal is to reduce the cost of space travel and make life multi-planetary, with Mars being the central focus of SpaceX’s long-term plans.
Space X Innovation
SpaceX's technological innovations are unparalleled. The Falcon 9 and Falcon Heavy rockets, known for their reusability, have significantly reduced the cost of launching payloads into space. The Dragon spacecraft routinely ferries cargo—and now crew members—to the ISS. But perhaps the most ambitious project is Starship, a fully reusable spacecraft designed for interplanetary missions, particularly the colonisation of Mars.
Space X Expands with Starlink
In addition to space exploration, SpaceX has expanded into satellite communications with Starlink, a constellation of low-Earth orbit satellites designed to provide global high-speed internet coverage. Starlink has already started rolling out its services in several countries, and its revenue potential is staggering, with the possibility of adding billions of dollars to SpaceX’s valuation.
SpaceX’s potential for growth makes it
an exciting investment opportunity
Summary of SpaceX Funding
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Total Funding: SpaceX has raised $11.9 billion across 30 funding rounds.
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Largest Round: SpaceX raised $1.9 billion in its largest round on August 4, 2020.
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Investors: A total of 225 investors have backed SpaceX, including 222 institutional investors and 3 angel investors.
Latest Round: The latest funding round was a Conventional Debt round on October 6, 2023, with an undisclosed amount.
Funding Rounds Breakdown
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1 Seed Round
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2 Early-Stage Rounds
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23 Late-Stage Rounds
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2 Debt Rounds
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2 Grant (Prize Money) Rounds
Prominent investors include a16z, Google, Fidelity Investments, Ron Baron, and Sequoia Capital.
Why Invest in SpaceX?
SpaceX’s potential for growth makes it an exciting investment opportunity. The company is uniquely positioned at the forefront of both space technology and satellite communications, two industries expected to see significant growth in the coming years. With reusable rockets, revolutionary spacecraft, and the global expansion of Starlink, SpaceX has a bright future.
SpaceX is a space payload delivery and satellite internet company.
Here are key stats for the business…
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Developer of first reusable space rocket (see 44 second video here)
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60 successful launches in 2022 (no errors, next closest competitor launched 51)
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3,300 of 12,000 satellites launched for satellite internet services to service 2.5 billion+ people without internet service (see www.starlink.com)
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$137 billion market cap as of Dec 2022 (#58 in S&P 500 if publicly traded, between AT&T and Qualcomm)
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$4.6b in 2022 revenue
We like the current entry point into SpaceX stock for the following reasons…
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Starlink, the company’s satellite internet business, is estimated to generate an additional $30 billion+ in annual revenue for the business. There are rumors that SpaceX will spin-out Starlink and IPO the business.
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SpaceX’s new rocket, Starship, is set to come online soon and has 3x+ the payload capacity of SpaceX’s current rocket (Falcon 9). This increased payload capacity will accelerate SpaceX’s market share gain from corporates and governments in the near to medium term.
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SpaceX’s superior technology and business moat has positioned it to capitalize on future monopoly opportunities like space manufacturing, space mining, and space travel.
5 year projected valuation…
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We estimate revenue to be $19.6b in 5 years (2028)
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This assumes (1) a 10% year over year increase in rocket launches baselined to SpaceX’s 2023 launch forecast of 100 and (2) a conservative 1.0m new Starlink subscribers per year
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SpaceX currently has a 29.8 revenue multiple that puts valuation at $584b in Dec 2028, a 3.17x gaiWe
Investors are particularly drawn to SpaceX due to:
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Starlink’s Revenue Potential: The Starlink satellite constellation is already generating revenue, and as it scales up, it could become a major revenue stream, driving SpaceX’s valuation higher.
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First Mover Advantage: SpaceX is one of the few private companies capable of launching humans into space. Its partnerships with NASA and other government agencies position it to capitalise on both public and private space missions.
How to Buy SpaceX Pre-IPO Shares
As SpaceX is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like SpaceX, you must be an accredited investor. If you are not accredited, find out how to begin the process and qualify for new investment opportunities with the full support & licencing of FPL right behind you.
Pre-IPO Secondary Marketplace
A secondary marketplace is a platform that allows investors to buy shares of private companies before they have their initial public offering (IPO). These marketplaces connect accredited investors with current or former employees, early-stage investors, or other insiders who may be looking to sell their private shares before the company goes public. Pre-IPO marketplaces provide an opportunity to invest in companies during their most dynamic growth phases, often at a lower valuation than what they would command once they go public.
Institutional Marketplace
Institutional marketplaces provide institutional investors of all sizes access to new opportunities to adjust their portfolio at any time and to invest in investment products from a global network of professionals. FPL being part of the Institutional Shareholder Services group of companies (ISS) empowers investors and companies to build for long-term and sustainable growth by providing early access and insight to the secondary markets and lower rates as institutional purchases as well as allocation of corporate shares.
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Eligibility: You typically need to be an accredited investor to participate, meaning you must meet certain income or net worth requirements.
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Liquidity: Shares purchased on secondary markets may be illiquid until SpaceX goes public, meaning you may not be able to sell them easily before an IPO or acquisition. In some cases you may never be able to sell your shares.
Space X Stock Price
SpaceX is a private company, meaning it does’t have a publicly traded stock price. However, as of 11/05/2024 the SpaceX Forge Price is $113.96 per share.
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