The Rokslide Stock Traders Thread

[LFC911]

don't IPO prices get artificially run up at the launch for FOMO?

 

[Fowl Play]

Some good info in this article about the recent Echostar/SpaceX deal. https://www.lightreading.com/satell...apes-the-u-s-wireless-and-satellite-landscape

Some key takeaways. Echostar was paid $8.5 billion cash and an equivalent amount in SpaceX stock. This makes them a pretty significant SpaceX investor at this point. If I’ve done my math right. They are currently valued at $23 billion, so they are essentially 1/3 SpaceX stock. Possibly a good way to get exposure to SpaceX stock.

Anyone act on this back in September? It has proved to be a very good play, about to get allot better…

 

[HuntHarder]

Act on what?

 

[Fowl Play]

Act on what?

The fact that Echostar has essentially become a private equity firm with a massive exposure to SpaceX stock.

 

[HuntHarder]

The fact that Echostar has essentially become a private equity firm with a massive exposure to SpaceX stock.

I figured that was what you were talking about. Just thought you knew of another way to get into Space X before IPO. It's gonna be a crazy IPO. I never bought into SATS. Wish I would have!