Key insights
- The post discusses a retail investor's interest in gaining exposure to SpaceX before its potential IPO by investing in Echostar (SATS), which owns a small percentage of SpaceX. The potential upside for SATS is mentioned, but the overall impact on US equities is limited due to the small scale of the investment idea.
It seems like every hypebeast A-hole had a chance to buy in ahead of the SpaceX IPO, I didn’t get a chance. I think this is going to be pretty big, so I was looking into places where I could start buying into it ahead of time.
One of the places that I found was getting shares of Echostar (SATS). They own 2.5-3% of all of SpaceX because of their Spectrum deal last year. Has anyone else done some research on this stock?
Most of my friends dislike Elon because of politics, so I can’t bounce ideas off them. Im hopeful but I am just wanting some additional opinions before I throw some money down.