SpaceX and Starlink is actually some of the most interesting companies right now. They are very successful, and the stocks for Tesla, which is another one of Elon Musk’s companies have gone through the roof. Which does bring in the question, how can you invest in SpaceX or Starlink at this time? It all comes down to finding the right approach and making sure that you commit to the process wisely.
2 Ways to Invest in SpaceX Starlink
1.) Buy Alphabet Google stock
What a lot of people don’t know is that Google actually owns around 5-10% of SpaceX. They were one of the early seed investors. Google has a market cap of more than $1T, so it’s a massive company. Yet if you get Google stock, you will by default own some Starlink stock. Granted, this is not ideal, but it does go to show that you can actually invest in Starlink without actually buying Starlink stock since that’s not possible right now. It just makes a lot of sense to use this approach, and the idea itself might pay off more than you imagine in the long run.
Is this the right option? Maybe not, but Google’s stock doesn’t really go down, so it’s a safe investment anyway. And since you’re automatically invested in Starlink as well, even for a small amount, it can be a great starting point.
2.) Buy Baron Funds stock
Baron Funds are the best approach right now. This was an angel investor into the company and you can buy into this fund. Granted, it’s only for US people, but if you invest in the BFGFX you might get some of the Starlink stock too. This is a fund that invests in various companies which are delivering a lot of amazing potential. Obviously they invested in Starlink early on, and this has the potential to help you as an investor too. There’s definitely some challenge here, but the potential you can get is pretty impressive.
One thing to note about Baron Funds is that the fee is 1.39%, which is actually quite high. However, you don’t have to hold to it for a really long time. The focus is to just get into the Starlink stocks with some Baron Funds stock and then you wait for Starlink to enter its IPO. You sell these shares and then buy into Starlink right away. It might sound like a challenge at first, but it’s totally worth it.
Investing in Starlink might not seem that simple at first, but there are some workarounds right now. The truth is that it will take a while to achieve those things you have in mind. Yet as long as you commit to the process and use these two methods above, the potential can be great. Yes, it’s not ideal for now to invest this way, but if you really want some Starlink investing, then this might do just fine. You will have to wait for the IPO if you want to invest in Starlink without any workarounds!