Basic Takeaways
- SpaceX has completed a successful launch of the world’s most powerful rocket, the Falcon Heavy.
- It’s just the latest successful launch for the rocket, which is expected to help land NASA astronauts on the Moon and potentially send humans to Mars.
- SpaceX recently completed a further venture capital raise, valuing the company at $127 billion.
- Regular investors aren’t likely to be able to connect with SpaceX, but there are other ways to gain exposure to the private space sector and other cutting-edge technology investments.
The last launch of the Falcon Heavy rocket was a success, with big plans for the technology complete … [+]
ADVERTISING
Amidst all the commotion surrounding Elon Musk’s takeover of Twitter, fired executives, and blue checkmark turmoil, it can be easy to forget that he also has a number of other side projects on the go.
If you can call the Mars colonization goal a side project.
Elon Musk is certainly the most prolific Founder and CEO of this generation and possibly of all time. He is currently the founder and/or CEO of Tesla, Twitter, Neuralink, The Boring Company, OpenAI and SpaceX.
It’s kind of unbelievable that launching rockets into space ranks with the rest of his accomplishments, but here we are. SpaceX has now been around for a surprisingly long time. It was first launched in 2002 and the goal even then was to eventually develop technology that would enable the colonization of Mars.
ADVERTISING
Musk has spoken at length about the importance of the human race becoming a “multiplanetary” species. This issue has come to the fore in recent years with climate change raising concerns about what the Earth might look like in the future.
As you might expect, progress in space exploration is slow, but SpaceX has essentially created the private space industry, which now sees many new entrants, such as Jeff Bezos’ Blue Origin and Richard Branson’s Virgin Galactic.
Download Q.ai today to access investment strategies based on artificial intelligence. When you deposit $100, we’ll add an additional $100 to your account.
ADVERTISING
The last SpaceX Falcon Heavy launch was a success
This week SpaceX launched the Falcon Heavy, the world’s most powerful rocket, for the first time in three years. Through a combination of technical problems and a lack of demand for their “courier services” during the pandemic years, it’s been a long time between drinks.
SpaceX operates the rockets on behalf of many other organizations that want to access space. Their clients are wide-ranging and include NASA, as well as space programs from other nations and even wealthy individuals.
This latest flight carried satellites on behalf of the US military, and as you’d expect with such a client, further details are somewhat difficult to come by.
The Falcon Heavy is still relatively new, with this being just the fourth launch since its first in 2018. That proved to be quite the case, with Elon Musk launching his personal Tesla Roadster into space as a test payload. It’s still out there, making a long journey around the Sun and towards Mars.
ADVERTISING
There were two more launches in 2019, with one of those missions another satellite delivery for the US Department of Defense and the other the launch of a large television and telephone satellite for Saudi Arabia-based Arabsat.
That doesn’t mean SpaceX engineers have been sitting around drinking coffee since then. The Falcon Heavy is only required for larger payloads due to its massive power level. Because of this, the smaller Falcon 9 rocket is being used much more frequently, having completed nearly 50 launches so far in 2022.
One of the defining characteristics of SpaceX rockets is their ability to land back on Earth. Previously, rockets had spilled into the ocean, rendering them useless for future missions. By creating the technology to safely land on the ground, SpaceX is able to reuse vital components aimed at reducing overall costs.
ADVERTISING
It is considered a vital piece of the puzzle to make future space travel viable, and their competitors are following suit.
Upcoming SpaceX missions
After the long break from using the Falcon Heavy, there are many exciting missions in the near future.
In 2023 the company expects to launch the world’s first private lunar mission, called dearMoon. The project is being funded by Japanese billionaire Yusaka Maezawa and will involve a flight from the moon with Maezawa and six to eight other citizens.
The purpose of the flight has been stated as a work of art, with Maezawa hoping that the experience of space will inspire creativity, with subsequent works of art exhibited back on Earth to promote world peace.
ADVERTISING
These billionaires don’t think they’re small.
The Falcon Heavy is also part of the larger plan to land people and cargo on the Moon and eventually Mars. SpaceX is developing its own spacecraft, Starship, to work with Falcon Heavy rockets, which will help NASA complete its first manned mission to the Moon since 1972.
For SpaceX, the Starship project is also the craft they believe will eventually be able to be used to go to Mars.
Can you invest in SpaceX?
SpaceX is a fully private company, like Twitter is now. This means that for regular investors, getting a piece of the SpaceX pie is likely to be impossible unless you’re on first-name terms with Elon himself.
ADVERTISING
Still, it’s no surprise that many investors want in. SpaceX is now the largest private venture-backed company in the world, with its latest funding round valuing it at $127 billion.
To put that into context, that makes it more valuable than the likes of Goldman Sachs, Intel, Unilever, American Express, Starbucks and BP.
That doesn’t mean you can’t invest in the private space sector at all. There are a number of players in the space (pun intended) that are listed on public markets, meaning investors can buy into the industry.
However, it is a high risk game. As you might expect, space exploration requires huge levels of start-up capital, and the potential for things to go horribly wrong is very, very high.
Some examples are private space company Momentus (MNTS), which has seen its stock drop nearly 90% over the past 12 months, Astra Space (ASTR), which has fallen 93.95% over the past year, and even Richard Branson’s Virgin Galactic (SPCE) spinoff. down more than 75% over the same period.
ADVERTISING
All of this came to light through SPACs and it hasn’t been a good run for investors ever since.
There are other ways to access the space sector without betting on high-risk startups. Many of the world’s largest aircraft manufacturers are heavily involved in the sector. Boeing ( BOE ) helped send Apollo 11 astronauts to the moon and still work on rockets for NASA today.
Boeing is currently building the Space Launch System for NASA, which will work alongside SpaceX technology to send humans back to the Moon. They also built the Starliner capsule that carries people to and from the International Space Station.
In addition to its own projects, Boeing has a joint project with another publicly traded company, Lockheed Martin ( LMT ) to supply launch vehicles to Blue Origin, NASA and others.
Invest in cutting edge technology
ADVERTISING
Private space exploration is an emerging field that is likely to continue to grow in the coming years, but remains high risk. With high risk comes the potential for high returns, but it’s more important than ever to ensure investors have enough diversification to deal with the near-certain volatility.
In terms of using technology, we use it heavily in the creation of our Investment Kits, using the power of artificial intelligence and machine learning to predict returns on a huge range of different assets.
For tech-focused investors, we’ve packaged it into the Emerging Tech Kit, which invests in four major sectors in the tech sector. These are large-cap tech companies, new and growing tech companies, tech etfs and even cryptocurrencies through public trusts.
ADVERTISING
Every week our AI analyzes huge pools of data and predicts how each of these sectors will perform each week, as well as which holdings in each sector are expected to perform the best on a risk-adjusted basis.
It then automatically rebalances the portfolio based on the best expected risk-adjusted returns and repeats this process every week.
Not only that, but we also offer Portfolio Protection with the Emerging Tech Kit. This uses our artificial intelligence to assess your portfolio’s sensitivity to risks such as interest rate risk, oil risk and overall market risk and then automatically apply hedging strategies to address them.
It’s like having a personal hedge fund manager in your pocket.
Download Q.ai today to access investment strategies based on artificial intelligence. When you deposit $100, we’ll add an additional $100 to your account.
ADVERTISING
#SpaceX #Falcon #Heavy #Launch #Successful #Invest #Elon #Musks #Mars #Mission