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Somehow I don’t think the public will get a chance to own any shares.
by voakbasda 5y ago
Somehow I don’t think the public will get a chance to own any shares.
- huhtenberg 5y agoSomeone in VC circles mentioned in passing that you can actually talk to SpaceX about an investment if it's in excess of several millions. Not sure of any other conditions though.
- ortusdux 5y agoAccording to Jared Isaacman, he originally spoke to SpaceX with the goal of investing. It was only after he was turned down that the idea of being their first civilian customer came up. It was easier for him to spend ~$200m to fly to space than it was to buy shares.
- javert 5y agoWhen did you hear that? I might try to get a few people together to do it. Super long shot, but no harm in asking.
- huhtenberg 5y agoSeveral weeks ago. I'll ask for details, will post here if I hear anything back.
- menzoic 5y ago4 friends and I have been wanting to do something like this. Keep us posted.
- deleted 5y ago[deleted]
- ericd 5y agoYour best bet is probably to talk to a broker that deals in private stock (such as Zanbato), and they can bring you potential deals as they come up. Note that you’re exceedingly unlikely to be able to be a direct shareholder, the deals are in SPVs that hold only SpaceX, and they come saddled with fees, so you need to be prepared to pay a premium.
- javert 5y agoThanks, much appreciated!
- purple_ferret 5y agoYou could have bought shares via someplace like Equity Zen if you had enough capital (like a couple million, I believe). Wealthy people do it all the time.
- voakbasda 5y agoThe wealthy are not “the public”. At best, they are a subset. And a small one at that. So, you are actually saying “the privileged gets shares, and the public gets the shaft”.
- ericd 5y agoMany FAANG junior engineers salaries qualify them as accredited investors. Definitely a small subset of the general population, but not particularly rare around here.