Space exploration company from Elon Musk and operator of Starlink Internet Services.
  • SpaceX, under Musk's leadership, has redefined space exploration. SpaceX has achieved remarkable milestones and disrupting the industry. In addition, Starlink, is positioned to revolutionize global connectivity through mobile connectivity later this year.

    Note

    SpaceX hold a funding round every 6 months to allow new investors to acquire shares in the company, the latest funding round took place in June 2024.

  • About SpaceX

    Space Exploration Technologies Corporation, commonly referred to as SpaceX, is an American spacecraft manufacturer, launch service provider and satellite communications company headquartered in Hawthorne, California. The company was founded in 2002 by Elon Musk with the goal of reducing space transportation costs and ultimately developing a sustainable colony on Mars. The company currently produces and operates the Falcon 9 and Falcon Heavy rockets along with the Dragon and Starship spacecraft.

    The company offers internet service via its Starlink subsidiary, which became the largest-ever satellite constellation in January 2020 and, as of April 2024, comprised more than 6,000 small satellites in orbit.

    Meanwhile, the company is developing Starship, a human-rated, fully-reusable, super heavy-lift launch system for interplanetary and orbital spaceflight. On its first flight in April 2023, it became the largest and most powerful rocket ever flown. The rocket fully completed its test flight on its fourth flight by reaching space and returning both stages for a controlled splashdown in June 2024.

    SpaceX is the first private company to develop a liquid-propellant rocket that has reached orbit; to launch, orbit, and recover a spacecraft; to send a spacecraft to the International Space Station; and to send astronauts to the International Space Station. It is also the first organization of any type to achieve a vertical propulsive landing of an orbital rocket booster and the first to reuse such a booster. The company's Falcon 9 rockets have landed and flown again more than 300 times. As of June 2024, SpaceX has around US$200 billion valuation.

    Why Invest in SpaceX?

    Investing in SpaceX is the only way to access shares in Starlink. Diversify your portfolio by gaining exposure to both companies. As Elon Musk plans to spin off Starlink into an independent company, investors will have the option to convert some or all of their shares, this decision will be up to the individual investor.

    In under four years the price of SpaceX shares have rocketed, even though they are not yet available on any stock market, private share sales have seen the companies shares increase by nearly 400% and a total of 1,250% since 2015.

    The company's share price shows no signs of slowing down. With an increase in government contracts, a massive number of patents, and the huge success of Starlink, SpaceX is a highly liquid and unique private equity investment, and is now more in demand than ever before.

    Due to the significant demand for SpaceX shares, there is substantial liquidity in the private market. With the annual increase in share prices, investors have the potential to earn substantial returns even before the official IPO of Starlink or SpaceX.

    The increased attention and positive sentiment surrounding both SpaceX and Starlink are key factors influencing the share price, contributing to a consistent upward trend in stock value even before SpaceX officially goes public.

    For investors with a long-term perspective willing to hold until the IPO, the anticipated listings of both Starlink and SpaceX will provide exponential returns. However investors are able to sell their shares at anytime and we expect the share price to increase dramatically over the next 6 to 12 months.

    SpaceX conducts biannual funding rounds, known as private tenders, offering shares in the company to accredited investors, investment banks, and wealth management firms. Several IPO Bridge™ approved European brokerages have strategically acquired SpaceX shares for the last nine years, creating a foundation for long-term investment, and providing their clients with direct access, even for retail investors.

    The current funding round offers SpaceX shares at $108-$110. This has pushed SpaceX's valuation to $200 billion, with Starlink valued within that figure at around $100 billion. This places them above leading U.S. defense contractors and major telecommunications providers, solidifying their status as one of the most valuable private companies globally.

    Financials

    Payload projects that SpaceX's revenue will increase from $8.7B in 2023 to $13.3B in 2024, driven by a return to growth for customer Falcon 9 launches and Starlink's user base growing from 2.3M customers to 3.8M.

    SpaceX appears to have generated sales of $8.7 billion in 2023, and earned a profit of $3 billion.

    Elon Musk’s SpaceX will sell insider shares in a tender offer in June 2024 that values the private space company at over $200 billion.

    Risks

    Company-specific risks

    The space industry is inherently risky, with high costs and the potential for project failures. Additionally, as a private company, SpaceX's financials are not as transparent as those of public companies, making it difficult to assess the company's performance and valuation accurately.