Re:Musk announces funding secured for Twitter buy
by malfist on Thursday April 21, 2022 @12:38PM
(#31111705)
Easiest way? Buy Alphabet stock. They are a spacex investor. Otherwise you can't, it's a privately held company
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Re:Musk announces funding secured for Twitter buy
by jefftk on Thursday April 21, 2022 @01:24PM
(#31112432)
Looks 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)
Re:Musk announces funding secured for Twitter buy
by antonvs on Thursday April 21, 2022 @02:07PM
(#31113081)
Dilute 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.
Re:Musk announces funding secured for Twitter buy
by gigaflop on Thursday April 21, 2022 @02:39PM
(#31113516)
Well, 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.
Re:Musk announces funding secured for Twitter buy
by malfist on Friday April 22, 2022 @01:47PM
(#31125311)
Call 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.
Re:Musk announces funding secured for Twitter buy
by kjksf on Thursday April 21, 2022 @02:47PM
(#31113633)
The 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).
Re:Musk announces funding secured for Twitter buy
by jefftk on Thursday April 21, 2022 @03:10PM
(#31113929)
If you're goal is to own a piece of a potential Mars colony, owning part of Starlink doesn't help.
Re:Musk announces funding secured for Twitter buy
by hef19898 on Thursday April 21, 2022 @04:47PM
(#31114968)
Plus Starlink is just another profitability goal post of SpaceX that is again moved out into the future.
Re:Musk announces funding secured for Twitter buy
by outworlder on Thursday April 21, 2022 @06:45PM
(#31116106)
My sarcasm detector is having a lot of trouble with this comment.