1Wk·

🚀 SpaceX is new to my portfolio!

I've invested in SpaceX, adding another company with long-term potential to my portfolio.

I find developments in space travel, reusable rockets, and the Starlink satellite network particularly exciting. 🛰️🌍

🚀 Starship will fundamentally change space travel and, in the long term, open up new possibilities for missions to the Moon and Mars.

For me, SpaceX is a long-term investment in innovation and future technologies.

How do you view SpaceX as a long-term investment?

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$TSLA (-1.32%)

19.10

SpaceX

Bought at $149.16

9 Comments

Epi@Epi

1Wk

A market capitalization of just under $1,800,000,000,000 with revenue ranging from $40,000,000,000 to $100,000,000,000.

Somehow, I don't see much room for growth from here.

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Part_Time_Joe@Part_Time_Joe

1Wk

@Epi It depends on what revenue potential space has in store for us. Right now, no one can imagine it, but that’s always been the case with major technological advances.

The car, which was supposed to fail, or the internet—just to name two... 😉

I’m not saying there’s a lot more to come or that SpaceX is undervalued, but who knows what things will look like in 20 years? When it comes to space, there’s just no getting around SpaceX—unless you want to wait another 10 years for the Europeans’ first rocket...

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Epi@Epi

1Wk

@Part_Time_Joe No doubt about it, the story is exciting. But the price... 🫣
Besides, it's rarely the frontrunners who end up winning the race.

I'm guessing the next wave of speculation will be a merger between SpaceX and Tesla. 😏

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Part_Time_Joe@Part_Time_Joe

1Wk

@Epi SpaceX isn't my thing either! I'd rather stick with traditional industries. Gold was already in high demand over 2,000 years ago, and it will certainly remain so for the rest of my life... 😅

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mr.x@_mrx_

1Wk

To me, SpaceX is a manageable satellite investment. I'm very curious to see how it will develop. As you mentioned @Part_Time_Joe, there have been several examples of this in the past. To me, this makes it a good case for adding SpaceX to my portfolio. Thank you for your input on SpaceX.

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Chris@Multibagger

1Wk

What has changed for you, or rather, why didn't you jump in after the correction and the double bottom at $110?

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mr.x@_mrx_

1Wk

@Multibagger Good question! When a company goes public, I deliberately wait a while before investing. I want to let the initial euphoria and any price fluctuations run their course so I can get a better sense of how the market valuation is developing. To me, making a sensible long-term investment is more important than trying to time the supposedly perfect low point.

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Artiskon@Artiskon

1Wk

The estimate is really quite ambitious, but I, too, am considering setting up a savings plan.
We don't know what will happen in 10 or 20 years.
Only one thing is certain: The future of humanity does not lie on planet Earth.

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Horrax D@Horrax

1Wk

@Artiskon That's not certain. What is certain is that the past lies there. :p

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