19 ms·
Seriously, how can I buy some of his shares of spacex?
by flabbergasted 4y ago
Seriously, how can I buy some of his shares of spacex?
- malfist 4y agoEasiest way? Buy Alphabet stock. They are a spacex investor. Otherwise you can't, it's a privately held company
- jefftk 4y agoLooks like Alphabet owns ~7.5% of SpaceX. Alphabet is worth $1.67T; SpaceX is worth, say, $150B. This means ~$11B of Alphabet (~0.66%) is SpaceX. That is an extremely dilute method of gaining exposure to SpaceX! (Disclosure: I work for Google, which is part of Alphabet)
- antonvs 4y agoDilute is better than zero I suppose. Presumably the play is that SpaceX might end up controlling an extremely profitable Mars colony, creating the ultimate gigaunicorn, and making that 0.66% seem much bigger. This influx of cash will also allow Musk to become President of Earth, at which point even those with dilute indirect holdings in SpaceX will be sitting pretty. It's a classic long-term play really.
- kjksf 4y agoThe point is that 10% swing in Google's performance (in either direction) has much bigger impact on stock price than 1000% swing in SpaceX performance. Amdahl law applied to company performance. Don't buy Google to own SpaceX. Wait until Starlink IPO and buy that (if not too expensive).
- outworlder 4y agoMy sarcasm detector is having a lot of trouble with this comment.
- gigaflop 4y agoWell, he's just following the American model. Leave, displace and colonize, rebel, and declare sovereignty. To those who would follow him on such a mission? Sayonara. He's spoken about how it would be mostly work for those living there, and I wouldn't be surprised if he tried to implement a 9/9/6 schedule. I would trust Weyland Yutani with a Mars colony before I would trust EM.
- malfist 4y agoCall me a nerd, but that's be an acceptable cost to being a colonist on another planet for me. 9/9/6 would be a cheap cost for insuring the success of the human race.