2Sem.·

Invest in spacex?

$XOVR is an ETF with exposure to spacex due to its private public partnership. Around 10% of the fund is directly invested in spacex, at a 300 billion dollar valuation. I like having some exposure because I believe spacex will eventually go public, due to musk destroying his other brands, he will need liquidity, and I feel spacex valuation would balloon very similar to how Tesla did. To me, spacex is by far and away the most interesting company to invest in, especially because i feel like a 300 billion dollar valuation is very low, considering the fact that spacex has billions already in government contracts.

I like this ETF based primarily on its other holdings. Like NVIDIA, oracle, google, Netflix, etc. but the spacex caveat puts it over the edge for me. Would you invest any money in XOVR, or choose to place your cash in more well established indices?

5 Commentaires

PaulPK@PaulPK

2Sem.

$DXYZ = 52,4 % SpaceX

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Joker@DVPBO

2Sem.

@PaulPK Cool idea, but for me personally i wouldn't want something with that high of concentration in spacex, as it may never go public. Personally i just want some exposure, pre ipo. And if it did go public, i would just invest directly in spacex. The interesting thing would be to ask, what do these holdings do if spacex did go pubic? Would XOVR sell any shares and rebalance? If DXYZ maintained its current ratio, i think clearly it would be the major winner of the two, but everybody has different tolerance of risk. Thanks for your input though!

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Name@user24790529394

2Sem.

+4% over 8 years? Man even my cat is doing better at investing 😆

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Joker@DVPBO

2Sem.

@user24790529394 8 years ago, they had a very different investment/holding strategy. They now balance based on the ER30TR index. Which is pretty recent for them. Personally I don’t think it’s fair to judge it based on the time before they went off this index, which is around august 29th or last year. But only time will tell, how it performs now. However I really like the entrepreneurial index they are basing the etf primarily on, so that gives me more comfort

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Joker@DVPBO

2Sem.

i mean its the only company that really has consistent deployment of material to orbit. Yes the government is its largest customer, but it also provides this service for the private sector. Not to mention starlink, is the cash cow, of satelite internet service providers. To me, it sounds like you're more concerned because of musk. Thats fair, and i can see where you're coming from, but tbh i look more to what can the company do that others can't. That is basically everything in space. Like you talk about access vs merit, from my perspective spacex probably has the most merit of any aerospace company, so i don't really get what you mean. In its current form, they basically have a monopoly.

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