Investing in SpaceX: How to Own a Piece of Elon Musk’s Technology
Are you looking to invest in Elon Musk’s SpaceX but unsure how to do so since the company is privately held and does not trade on a stock exchange? Here’s a guide on how you can own a piece of SpaceX technology:
Qualifying as an Investor
- To be able to invest in SpaceX, you need to qualify as an accredited investor:
- Earned more than $200,000 for the past two years straight (or $300,000 if you’re a married couple).
- Have a net worth of more than $1 million excluding your primary home.
Finding a Seller
- Once you qualify as an accredited investor, the next step is to find someone willing to sell you SpaceX stocks:
- Look on platforms like LinkedIn for potential sellers.
- Hire a private wealth manager to assist you in finding sellers.
- Create an account on registered platforms like Hive or Rain Maker Securities that specialize in trading non-public securities.
Alternative Investment Options
- If you are not accredited or unable to find sellers, consider these alternative investment options:
- Invest in mutual funds like Baron or Fidelity that have exposure to SpaceX suppliers.
- Invest in public companies that are suppliers to SpaceX.
- Invest in companies that have previously invested in SpaceX like Google or Bank of America.
- Invest in an ETF dedicated to the space sector for indirect exposure to SpaceX.
Other Ways to Support SpaceX
- If all investment options fail, you can still support SpaceX in other ways:
- Visit the SpaceX store and purchase merchandise like t-shirts starting at $30.
Hot Take: Invest in the Future with SpaceX
Now that you have a better understanding of how to invest in SpaceX, take the opportunity to own a piece of Elon Musk’s innovative technology and be part of the future of space exploration. Keep exploring different investment options to support SpaceX’s mission of making life multiplanetary!
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