SpaceX investor's thread

[Nocturnal]

What's the best business plan and investment case that have been published recently?

I liked Casey's blog but his last relevant post is from 2021.

I'd also like to hear ideas of other possible SpaceX Earth-based ventures – besides Starlink (well priced-in already, see $100B/y as forecasted by ARK), Earth-to-Earth transportation (incompatible with Tesla's mission) and orbit tourism. Like Tesla, with FSD, stationary storage and solar.

Haven't seen much new info really.

Don't forget military applications for both Starlink and Starship. We have also seen some hints that the Airforce is preparing/prepared to build their own Starship launch facilities.

The future of Starship includes national security missions

As SpaceX prepares to attempt Starship’s first orbital flight, the company is contemplating military applications for the super-heavy launch vehicle.

spacenews.com

 

[Robertj]

Also we dont understand the financial implications of cellphone worldwide connection . What is the TAM for that , revenue ?additional costs ? Especially when fixed costs are already covered

 

[Cattledog]

Just been offered more shares in Spacex at $95 per share

Similar, though my offer was an ask to see if I wanted to sell any shares. Given how I'm invested that's not really possible, but I can confirm the mid 90s/share valuation.

 

[Cattledog]

And here we go...

Elon Musk's SpaceX Valued at $175 Billion or More in Tender Offer

(Bloomberg) -- Elon Musk’s SpaceX has initiated discussions about selling insider shares at a price that values the closely held company at $175 billion or more, according to people familiar with the matter.Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender...

www.yahoo.com

 

[Cattledog]

Up a bit more, looks like it's exchanging at $97/share.

SpaceX Value Jumps Closer to $180 Billion in Tender Offer

(Bloomberg) -- SpaceX will sell insider shares at $97 apiece in a tender offer, a price increase that boosts the value of Elon Musk’s space and satellite company closer to $180 billion, according to people familiar with the matter.Most Read from BloombergJPMorgan Is in a Fight Over Its Client’s...

www.yahoo.com

 

[jabloomf1230]

SpaceX valuation climbs to $180 billion

The valuation of Elon Musk's SpaceX hit $180 billion based on an ongoing secondary share sale, CNBC confirmed Wednesday.

www.cnbc.com

$180 billion US?. And shares will be sold at $97 each but not to raise any additional funds.

 

[JB47394]

$180 billion US?. And shares will be sold at $97 each but not to raise any additional funds.

Is that a question?

To add to all this, Elon owns 42% of SpaceX, so he has $75 billion of his net worth there. A third. For anyone following along, his net worth is up $85 billion this year. Nobody else is up as much, but the billionaires are posting huge gains. And I mean percentage gains.

 

[Robertj]

Spacex does first cell to satellite , and ground station text message on twitter

https://twitter.com/x/status/1761994722913198134

https://twitter.com/x/status/1761995521692987792

 

[JB47394]

Spacex does first cell to satellite

"in space" Weird addition. Did they think we'd assume that it was a ground test?

 

[scaesare]

"in space" Weird addition. Did they think we'd assume that it was a ground test?

Maybe it's so folks wouldn't glance at it and think it was one of those temp cell sites they can set up... a "satellite" station for an event or something...

Or... you know... "journalism"...

 

[Robertj]

Could an enhanced Starlink with ground stations and laser connections compete with Telecos in 3years for cellular service worldwide ?

 

[mongo]

Could an enhanced Starlink with ground stations and laser connections compete with Telecos in 3years for cellular service worldwide ?

Not unless Starlink had its own network of terrestrial cell towers and purchased spectrum.
More likely to provide backhaul service for existing providers.

 

[RubberToe]

SpaceX and other startup ETF: DXYZ

https://www.nytimes.com/2024/04/05/technology/invest-private-tech-openai-spacex.html?unlocked_article_code=1.iE0.SiYc.PqKknsh_tS0Q&smid=url-share

https://www.cnbc.com/quotes/DXYZ?qsearchterm=Destiny%20Tech100

 

[Nikxice]

After 30 minutes of trading today, DXYZ ETF is up 30%. Nice pump and dump setup for those sitting around the NYT newsroom yesterday, just prior to publishing this morning's article.

 

[JB47394]

After 30 minutes of trading today, DXYZ ETF is up 30%.

Here's the trade so far today. That peak was an increase of 125% from yesterday's close. Everyone read the article at lunch, and the dumpers took profits.

 

[EVer Hopeful]

I'm just happy to get a guaranteed 5% on a CD

 

[AWDtsla]

Here's the trade so far today. That peak was an increase of 125% from yesterday's close. Everyone read the article at lunch, and the dumpers took profits.

View attachment 1035877

Are they publishing a NAV somewhere? It shouldn't be moving like this, unless it's well below NAV now.

 

[JB47394]

Are they publishing a NAV somewhere? It shouldn't be moving like this, unless it's well below NAV now.

I had to hunt around a bit for it, but people are commenting on the low NAV and the high market valuation all over the web.

https://twitter.com/x/status/1776252684653244888

June 30, 2023 Net Asset Value Per Share (Unaudited): $4.97

 

[phantasms]

Sooooo buy puts?

 

[RubberToe]

SpaceX and other startup ETF: DXYZ

https://www.nytimes.com/2024/04/05/technology/invest-private-tech-openai-spacex.html?unlocked_article_code=1.iE0.SiYc.PqKknsh_tS0Q&smid=url-share

https://www.cnbc.com/quotes/DXYZ?qsearchterm=Destiny%20Tech100

FWIW I closed out my position this morning pre-market at $92.70. Kept a few hundred shares for the long term.

RT