Recruitment of participants Invest in SpaceX

Invest in SpaceX


About the investment idea
ABOUT COMPANY
SpaceX is a revolutionary in the space industry. The company designs, manufactures and launches modern rockets and spacecraft.

SpaceX was founded in 2002 by Ilon Musk and revolutionized space technology by successfully introducing and deploying reusable rockets. The ultimate mission of the company is to give people the opportunity to live on other planets.

SpaceX also strives to become the leader and first operator of the satellite Internet. In May 2019, the company launched the first 60 satellites for its Starlink satellite Internet.

MARKET OUTLOOK
SpaceX demonstrates strong growth rates of the main revenue drivers. So, in 2012, the company launched 2 Falcon 9 rockets, and in 2018 SpaceX made 20 successful launches of the Falcon 9 and one successful launch of the Falcon Heavy launch vehicle.

SpaceX also plans to launch up to 12,000 satellites in the near future, which will provide cheap Internet access to people around the world.

Another project of SpaceX is the Starship passenger spacecraft, whose first commercial mission is scheduled for 2021. The ultimate goal of the Starship is to deliver people and resources to the moon and Mars.



THE RISKS
Low liquidity - there is a high probability that with an early exit, the process of selling shares will take more than 1 month. For investors, the risk is that the SpaceX IPO may take place later than 2022, and the buyer of the shares cannot be found on the OTC market until this point.

Asymmetry of information. Management and current investors have access to more internal information about the company than other market participants.

In some segments of the SpaceX business, high competition may arise - for example, Amazon plans to launch its satellite Internet, which could negatively affect the value of SpaceX.

FINANCE AND VALUATION
In 2018, SpaceX's revenue was $ 2.02 billion, an increase from $ 1.3 billion in 2017, representing an annual growth rate of 55%. The number of launch rocket launches increased from 2 times in 2012 to 21 times in 2018, which is an average annual growth rate of 40%.

SpaceX held the last investment round in June 2019 with an estimate of $ 35 billion. At the moment (July 2019), the company's shares are traded on the OTC market in the range of $ 230- $ 235 per share, which is equivalent to a share capital of $ 36- $ 38 billion.

According to our calculations, the projected value of SpaceX will be $ 57 billion in 2020, and will reach $ 147 billion by 2025. The potential return by 2021 (the planned IPO date) will be more than 100%.



Profit forecast + 150%