So you saw Elon Musk catch a 23-story rocket with a pair of robotic arms, then help Donald Trump retake the White House and now you want to invest in SpaceX stock, huh? Join the party. Or maybe I should say, “Get on the wait list.” And that’s because SpaceX stock hasn’t been listed on any public markets yet. I’m sure Elon Musk has plans to take SpaceX public eventually…
But for now, SpaceX stock is still private and only open to institutional investors who get invited to participate. But just because you can’t buy SpaceX stock doesn’t mean you can’t profit from SpaceX’s success. So today let’s explore a few “backdoor” ways to invest in SpaceX stock despite SpaceX stock not trading on the open market yet.
The Best Free Investment You’ll Ever Make
Join Wealth Daily today for FREE. We’ll keep you on top of all the hottest investment ideas before they hit Wall Street. Become a member today, and get our latest free report: “Guardians of Growth: 3 Defense Contractors for Savvy Investors.”
It contains full details on the three companies that are set to provide explosive growth in the defense sector over the next Decade.
After getting your report, you’ll begin receiving the Wealth Daily e-Letter, delivered to your inbox daily.
Stocks That Own SpaceX Stock
The first way you can get yourself a share of the SpaceX profits is by investing in companies that already have their own stake in SpaceX stock. The company has raised a ton of money through private investment rounds. And there are hundreds of companies that have invested in those rounds. Some of those SpaceX stock owners are publicly traded companies themselves. So, technically, owning a stake in them means owning a stake in SpaceX stock, too.
There are two companies with public stock and a stake in SpaceX stock that can give you some exposure to Elon’s Starship. The first is none other than Google parent Alphabet Inc. (NASDAQ: GOOG) through its Google Ventures program. And the second is Fidelity National Financial Inc. (NYSE: FNF) through Fidelity Management and Research. Both companies are counted among major holders of SpaceX stock. And both give you exposure to the company’s success.
Stocks That Supply SpaceX Stock
But there are other ways to invest in SpaceX’s success without investing in stocks that own SpaceX stock. And one of those ways is to invest in stocks that supply SpaceX with the things it needs to succeed. Lots of SpaceX suppliers are publicly traded. And until you can buy SpaceX stock, they’re a pretty good way to profit from SpaceX’s growth too. You’ve got a long list of public companies big and small that are helping supply Musk with the tools and products he needs to keep improving things on the way to listing SpaceX stock through an IPO. And they include:
- Cisco
- General Dynamics
- HP Inc.
- Viasat
- Lockheed Martin
Cisco (NASDAQ: CSCO), General Dynamics (NYSE: GD), and Hewlett-Packard (NYSE: HPQ) help SpaceX by manufacturing equipment. Viasat Inc. (NASDAQ: VSAT) manufactures equipment too. But it also helps operate satellites for the SpaceX Starlink system. And Lockheed Martin Corp. (NYSE: LMT) builds some of those very satellites.
Stocks That Benefit From SpaceX Stock
Now, you’ve already got several ways to invest in SpaceX stock even though you can’t directly invest in SpaceX stock. But because I want to make sure you’ve got all your bases covered, I’ve got one more way for you to profit from SpaceX stock even though you can’t own it yet. And that’s by investing in other companies that are deeply involved in the space economy too. Because as SpaceX generates more and more interest in the “final frontier,” other companies are going to command the interest of investors until SpaceX stock goes public.
SpaceX stock is still mostly owned by Elon Musk. But another billionaire already took his space company public and you can easily buy shares if you think SpaceX might get more people interested in space tourism. The billionaire was Richard Branson. And his company is Virgin Galactic Holdings Inc. (NYSE: SPCE). Shares are up about 10% since Elon caught that rocket the other day.
Northrop Grumman (NYSE: NOC) is another company that’s heavily involved in the space economy. In fact, it recently landed a MASSIVE government contract to research, design, and develop a lunar railroad. If catching a rocket booster is impressive, catching the five o’clock train on the moon should be mind-blowing.
The Bottom Line on SpaceX Stock
The bottom line here is that even though you can’t buy SpaceX stock just yet, you can invest in SpaceX’s success. And there are lots of ways to get exposure through investors, suppliers, and even competitors. You see, SpaceX is commanding a lot of attention right now. But the space economy is far too big for any one company to own lock, stock, and barrel.
The companies helping that new frontier of investment grow are all going to get a big piece of the profits. SpaceX is just one piece of the puzzle, albeit a very large, very visible piece. And one day in the next few years, I expect Elon will take it public. And then you’ll have your chance to buy SpaceX stock for real. But until then, there are a lot of other ways to set yourself up for profit as the space economy attracts more and more interest.
In fact, my colleague Jason Simpkins has been adamant about getting investors exposure through companies like Lockheed Martin and Northrop Grumman. He’s also uncovered some smaller operations that have the potential to make a big impact. And those are the kinds of opportunities he withholds for his premium investment community, Secret Stock Files.
I highly recommend you give him a few minutes of your time today to learn about his latest discovery and how it’s completely changing both the world and his investors’ lives.
I’ll be back soon with more ways to profit from all the excitement going on around us.
To your wealth,
Jason Williams
After graduating Cum Laude in finance and economics, Jason designed and analyzed complex projects for the U.S. Army. He made the jump to the private sector as an investment banking analyst at Morgan Stanley, where he eventually led his own team responsible for billions of dollars in daily trading. Jason left Wall Street to found his own investment office and now shares the strategies he used and the network he built with you. Jason is the founder of Main Street Ventures, a pre-IPO investment newsletter; the founder of Future Giants, a nano cap investing service; and authors The Wealth Advisory income stock newsletter. He is also the managing editor of Wealth Daily. To learn more about Jason, click here.
Want to hear more from Jason? Sign up to receive emails directly from him ranging from market commentaries to opportunities that he has his eye on.