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I'd buy SpaceX stock, if Elon would allow.
by bufferoverflow 6y ago
I'd buy SpaceX stock, if Elon would allow.
- toomuchtodo 6y agohttps://blog.sfgate.com/pender/2015/03/25/see-which-fidelity-funds-invested-in-spacex/ https://blog.sfgate.com/pender/2015/03/25/see-which-fidelity...
- wcoenen 6y agoI believe none of the Fidelity funds have even a 0.1% weight for SpaceX. (I haven't checked recently and I can't read the blog because of HTTP 451, but I don't think this has changed.) I criticized buying Google in my other comment, but at 0.29% it's actually better than the Fidelity funds in this regard.
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- TomGullen 6y agoGoogle owns a 7.5% stake so you can get exposure that way
- wcoenen 6y agoSpaceX is valued at $36B, times 7.5% would be $2.7B for google's stake. Divide by google's market cap of $973B and you get 0.29%. Investing $100 into Google to put 29 cents on SpaceX doesn't seem efficient. SpaceX could double in value, and the effect on the Google stock price would still be indistinguishable from noise.
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