4 ms·

Owning Starlink shares is the closest you might get, but its IPO is still a few years away.

toomuchtodo 5y ago
Fidelity has several funds with some SpaceX exposure. https://www.mrmarvinallen.com/what-fidelity-funds-hold-spacex/ https://www.mrmarvinallen.com/what-fidelity-funds-hold-space...
- whatshisface 5y ago
  I've made this comment before, but I have always wondered if there are enough linearly independent SpaceX-holding funds to construct a SpaceX-matching derivative product using only publicly traded securities.
  - deleted 5y ago
    [deleted]
  - airstrike 5y ago
    Not an expert, but I think one problem would be the redemption fees from needing to rebalance this portfolio of mutual funds
    - whatshisface 5y ago
      If only real life were as frictionless as arbitrage theory.
- airstrike 5y ago
  Sadly that means having to put your money in a mutual fund which one may or may not want to for various reasons
- alexose 5y ago
  You're not wrong, but the exposure is around 0.039% last time I looked into it. Plus you have to own a bunch of Uber, too. Google (Alphabet) owns a big chunk of SpaceX, maybe around $7B worth now? Given their market cap of 1.856T, that ends up being ~ 0.38% SpaceX.
BoxOfRain 5y ago
Honestly I'll be happy when it becomes available for mobile installations let alone their IPO. I know it's mostly aimed at land-based installations where the fixed infrastructure is poor, but they'll be making boat dwellers of various kinds very happy!
- remcob 5y ago
  What's the current best alternative for boat dwellers?
  - InvaderFizz 5y ago
    Considering they are already in the process of certifying mobile terminals, I would say late 2022 for larger boats and planes. 2023 for something you or I could buy for RV/Boat use.
    - BoxOfRain 5y ago
      That's not bad at all! I do wonder how they're going to make the tranceivers rugged enough for the wet and salty environment your average sailing yacht is found in, and I suspect the motion of the waves makes aiming the dish a challenge. I suspect the speed will drop as soon as the boat goes upwind and starts heeling!
      - InvaderFizz 5y ago
        That's already built in, I think. My reading of this news[0] is that they're using much larger phased arrays that sit flat on the deck/roof. 100% electronic steering. Granted, that's speculation on my part based on a decade of military satellite operations. Starlink stated that they are larger, higher gain, lower power usage, and won't shoot below 25 degrees azimuth. That says to me a 2-4x surface area, lays flat, phased array panel. I wouldn't expect much drop in speed, even in the worst waters, except for rain fade and if the roll of the boat causes a satellite to go out of sight to the dish. In those scenarios, I think most people can live with Netflix being barely functional. 0: https://arstechnica.com/information-technology/2021/08/starlink-for-vehicles-plan-has-ruggedized-terminal-for-extreme-heat-and-cold/ https://arstechnica.com/information-technology/2021/08/starl...
joewadcan 5y ago
Baron Partners owns a good chunk of SpaceX as well. Especially useful if you're buying from an account that can only purchase funds. https://finance.yahoo.com/quote/BPTRX/holdings?p=BPTRX https://finance.yahoo.com/quote/BPTRX/holdings?p=BPTRX
- b9a2cab5 5y ago
  Unfortunately that fund holds around 40% of its capital in TSLA alone and only ~5% in SpaceX, so not a very good choice for investment. It also uses leverage. Great choice if you believe in Elon, not so great choice if you have any semblance of risk management.
  - adenadel 5y ago
    Presumably someone could take other positions to hedge away all of the other holdings in the fund so that (to a first order approximation) their only exposure is SpaceX, right? (I only know the basics of investing)

Fidelity has several funds with some SpaceX exposure. https://www.mrmarvinallen.com/what-fidelity-funds-hold-spacex/ https://www.mrmarvinallen.com/what-fidelity-funds-hold-space...

whatshisface 5y ago
I've made this comment before, but I have always wondered if there are enough linearly independent SpaceX-holding funds to construct a SpaceX-matching derivative product using only publicly traded securities.
- deleted 5y ago
  [deleted]
- airstrike 5y ago
  Not an expert, but I think one problem would be the redemption fees from needing to rebalance this portfolio of mutual funds
  - whatshisface 5y ago
    If only real life were as frictionless as arbitrage theory.
airstrike 5y ago
Sadly that means having to put your money in a mutual fund which one may or may not want to for various reasons
alexose 5y ago
You're not wrong, but the exposure is around 0.039% last time I looked into it. Plus you have to own a bunch of Uber, too. Google (Alphabet) owns a big chunk of SpaceX, maybe around $7B worth now? Given their market cap of 1.856T, that ends up being ~ 0.38% SpaceX.

BoxOfRain 5y ago

Honestly I'll be happy when it becomes available for mobile installations let alone their IPO. I know it's mostly aimed at land-based installations where the fixed infrastructure is poor, but they'll be making boat dwellers of various kinds very happy!

remcob 5y ago
What's the current best alternative for boat dwellers?
- InvaderFizz 5y ago
  Considering they are already in the process of certifying mobile terminals, I would say late 2022 for larger boats and planes. 2023 for something you or I could buy for RV/Boat use.
  - BoxOfRain 5y ago
    That's not bad at all! I do wonder how they're going to make the tranceivers rugged enough for the wet and salty environment your average sailing yacht is found in, and I suspect the motion of the waves makes aiming the dish a challenge. I suspect the speed will drop as soon as the boat goes upwind and starts heeling!
    - InvaderFizz 5y ago
      That's already built in, I think. My reading of this news[0] is that they're using much larger phased arrays that sit flat on the deck/roof. 100% electronic steering. Granted, that's speculation on my part based on a decade of military satellite operations. Starlink stated that they are larger, higher gain, lower power usage, and won't shoot below 25 degrees azimuth. That says to me a 2-4x surface area, lays flat, phased array panel. I wouldn't expect much drop in speed, even in the worst waters, except for rain fade and if the roll of the boat causes a satellite to go out of sight to the dish. In those scenarios, I think most people can live with Netflix being barely functional. 0: https://arstechnica.com/information-technology/2021/08/starlink-for-vehicles-plan-has-ruggedized-terminal-for-extreme-heat-and-cold/ https://arstechnica.com/information-technology/2021/08/starl...

joewadcan 5y ago

Baron Partners owns a good chunk of SpaceX as well. Especially useful if you're buying from an account that can only purchase funds. https://finance.yahoo.com/quote/BPTRX/holdings?p=BPTRX https://finance.yahoo.com/quote/BPTRX/holdings?p=BPTRX

b9a2cab5 5y ago
Unfortunately that fund holds around 40% of its capital in TSLA alone and only ~5% in SpaceX, so not a very good choice for investment. It also uses leverage. Great choice if you believe in Elon, not so great choice if you have any semblance of risk management.
- adenadel 5y ago
  Presumably someone could take other positions to hedge away all of the other holdings in the fund so that (to a first order approximation) their only exposure is SpaceX, right? (I only know the basics of investing)