The Most Exciting Investment Right Now Already Up 20% | SpaceX | Summary and Q&A

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October 7, 2022
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Let's Talk Money! with Joseph Hogue, CFA
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The Most Exciting Investment Right Now Already Up 20% | SpaceX

TL;DR

SpaceX has doubled its valuation in the last year, reaching a valuation of $152 billion, and has raised $10 billion in total funding. The company's starlink internet service has expanded globally, and its Starship program holds the potential to revolutionize space travel.

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Key Insights

  • πŸ™ƒ Despite the market crash, SpaceX has managed to maintain a positive upside in its valuation and has raised $10 billion in funding.
  • πŸ•β€πŸ¦Ί The expansion of starlink internet service to remote areas demonstrates SpaceX's ability to provide internet access where traditional methods are not feasible.
  • πŸ—ΊοΈ The Starship program holds the potential to revolutionize space travel, making it as accessible as commercial air travel.
  • πŸ‘Ύ The space exploration market is estimated to reach $700 billion by 2030, providing significant growth opportunities for SpaceX.
  • πŸ˜€ SpaceX faces competition in all business segments, but its funded momentum and strong investor backing give it an advantage.
  • ✳️ Pre-IPO investing comes with risks, such as operating in a high-risk market and facing constant cash needs.
  • πŸ’„ The financial details of private companies like SpaceX are not easily accessible, making it challenging to analyze their financial performance.

Transcript

hey bowtie Nation Joseph Paul here and all you out there in the nation have heard me talk about SpaceX recently and the pre-ipo investment through disraptor but I wanted to highlight it in its own video because despite the market crashing 25 so far this year despite the fact that even traditional safety Investments like bonds have lost money SpaceX... Read More

Questions & Answers

Q: How has SpaceX managed to avoid a drop in valuation despite the market crash?

SpaceX's starlink internet service has expanded globally, providing internet access even in areas where traditional internet is not available. This has contributed to the company's positive upside and increased investor confidence.

Q: What are the key projects that SpaceX is working on?

SpaceX is working on the Starship program, which aims to revolutionize space travel by launching cargo and passengers into space. Additionally, the company's starlink satellite network provides internet access globally.

Q: What are the potential risks associated with investing in SpaceX?

Some of the risks include operating in a high-risk, high-growth market, burning through cash due to development costs, and facing competition in all business segments. Additionally, there are numerous challenges to overcome in deep space exploration, such as radiation, thin atmospheres, and sustainability.

Q: Who are some of the early investors in SpaceX?

Early investors in SpaceX include Fidelity, Google Ventures, Peter Thiel's Founder Funds, Bank of America, and even NASA itself. This list of reputable investors inspires confidence in the company's potential.

Summary & Key Takeaways

  • Despite the market crash, SpaceX's valuation has doubled in the last year, reaching $152 billion.

  • Starlink internet service has expanded to all seven continents, including remote areas where traditional internet is not accessible.

  • The Starship program aims to make space travel as easy as commercial air travel and has already achieved significant milestones.

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