Want to Buy SpaceX Stock? You Have to Know Someone

Shares in Elon Musk’s rocket and satellite company are a hot ticket for investors, but SpaceX tightly controls access
 
SpaceX has become one of the investing world’s most exclusive clubs.
 
Invites circulate via group chats, word of mouth and emails marked confidential. Investment vehicles providing access to Elon Musk’s closely held rocket and satellite company have generated hefty demand, and fees for those arranging them. For years, the company’s value has only gone in one direction—up.
 
Hawthorne, Calif.-based SpaceX—which flirted with bankruptcy not long after Musk founded the company more than two decades ago—now dominates the launch business.
 
And it has built its satellite-internet division, Starlink, into an industry and geopolitical force…Read Full Article

Ken Anderson