SpaceX Stock Is in High Demand: Here’s How To Buy SpaceX Stock
SpaceX stock is not a company that investors can buy through standard channels. You will not find it on the New York Stock Exchange (NYSE) or the Nasdaq.
Therefore, it is not easy for a retail investor to own a piece of SpaceX. Most investors in SpaceX are institutional or high-net-worth investors. If a retail investor cannot directly buy SpaceX stock on an exchange, then the question remains of how to buy SpaceX stock.
Despite the hopes of many retail investors, SpaceX will probably not have an initial public offering (IPO) anytime soon. Unfortunately, this fact means small investors cannot buy or sell shares on a stock exchange.
SpaceX, reportedly, had $6+ billion in demand for the October 2021 round. Hence, SpaceX can dictate terms and is having little difficulty raising money. For this reason, it is doubtful SpaceX will conduct an IPO soon.
There are a few pros to buying SpaceX stock. First, the company is on the cutting edge of commercial space travel and has enormous growth potential. Next, the company's Falcon 9 satellite launch service has been successful, showing promise for future endeavors.
There are a few cons of buying SpaceX stock too. First, the company is private and pre-IPO shares are difficult to value, as well as having less liquidity. Second, the company's revenue is low relative to the $100 billion valuation. Third, the company has significant ambitions, which will be expensive.
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