Interest in investing in Elon Musk‘s aerospace firm, SpaceX, has gotten so intense that it can be difficult to understand the facts through all the noise.
The startup is privately held (shares are not on sale over an exchange). Its shareholders include financiers, company executives and staff.
It is believed that Tesla (NASDAQ:TSLA) CEO Elon Musk owns a majority stake — between 40-50%.
Private Share Sales Are Possible
If you know any of these guys, they are allowed to sell you shares through SpaceX’s internal trading program. Also, there are platforms where private investors can buy shares these owners are willing to sell.
Rainmaker Securities is one such platform. According to Barron’s, it has already traded more than $4 billion in SpaceX shares. However, Rainmaker’s services are only available to accredited investors. That means you have to hold a trading license or earn tons of money.
These are likely scenarios for very few ...