Re:SpaceX hits $100B valuation after secondary share sale
by ryanSrich on Friday October 08, 2021 @11:36AM
(#28800427)
TSLA is the defacto method of investing into “Elon”, which would include Space X. It’s why the price of the stock is so hard to rate. If Space X went public I’d bet we’d see a TSLA sell off.
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Re:SpaceX hits $100B valuation after secondary share sale
by tobyjsullivan on Friday October 08, 2021 @01:03PM
(#28801455)
You're getting downvoted but I can attest that I did exactly this. It's a completely nonsensical investment to be fair.
My theory was less "invest in Elon" and more that there are a few different scenarios (on decade+ timescales) where either Tesla acquires SpaceX or vice-versa. Seemed like the most practical way to possibly own SpaceX shares one day - even if the probabilities are slim.
It's a nicely hedged bet though. Because worst case, I've just invested in some (not much) TSLA stock.