New Tender Offer Values Elon's Other Billion-Dollar Baby at $250 Million... (Insane)

I can’t believe it. It’s a beautiful Sunday, the market opens tomorrow, and here I am writing about friggin ‘SpaceX. If you’ve been reading these pieces from me for awhile, you’d likely know I absolutely despise covering private companies -mainly, because well, you can’t trade them. 

(Source: Giphy) 

But, given that Elon’s other billion-dollar baby is getting valued at over $255 billion, I guess it deserves a little attention. In short, word on the street is that Elon is launching a tender offer on SpaceX next month, letting insiders sell shares at $135 a pop. Meaning, just with a little flip of the switch, this would bump the rocket company’s (the same one that nonchalantly proved Boeing is not meant for space travel) valuation past a quarter-trillion dollars. Which, let me remind you, is a huge feat for a dude who also spends his time pretending to care about his other side project: X. 

(Source: Fortune) 

So with that said, why the latest cash grab? Well, it all comes down to Musk’s wet dreams of turning Mars into a vacation destination. And now, with Trump back in the driver’s seat of the great U.S. of A, Musk believes that shipping humans off to the Red Planet might actually get some government backing.

Especially considering that NASA’s Artemis program already has SpaceX’s Starship lined up for some moon missions. But now under Trump, they might just skip that warm-up and aim straight for Mars. Again, SpaceX has already proved it can ship humans from the Moon-back to Earth (thanks, Boeing), so why not skip the baby steps and go full throttle into the unknown? This is exactly what Elon is looking at on his vision board. 

(Source: Giphy) 

Which isn’t necessarily far off. Musk just played a pivotal piece in helping Trump reclaim the throne of the presidency, meaning, the next administration probably isn’t going to get in the way. In fact, even with SpaceX already charming a track record of  600-plus worker injuries on the books, Trump may just help Elon bulldoze a few safety regulations to accelerate things. 

“Safety? I haven’t heard that term in years…” SpaceX employees, probably

(Source: Giphy) 

On the other hand, while Musk is obsessed with Mars, SpaceX is already quietly turning Earth’s orbit into its own personal junkyard. Thanks to Starlink, SpaceX now controls about two-thirds of the planet’s satellites. For more context, these mini space routers are beaming down internet to over 4 million people, making SpaceX one of the most important ISPs around. And unlike your local cable company, they don’t have to deal with laying down any actual wires. Just a few thousand satellites cluttering up space is all it takes. Genius and effective. 

(Source: Broadband Breakfast) 

But, but, but… why not just go the IPO route, you ask? Well, simply put, Musk identifies as allergic to IPOs. In fact, he’s already made it crystal clear that he wants nothing to do with an IPO because, then he’d have to deal with incoherent shareholders asking for things like “profits” and accountability - which is the opposite of what Musk wants (a.k.a. Sharing control). 

(Source: Benzinga) 

Instead, he’s giving insiders the green light to buy shares and rake in cash without the hassle of answering to well, anyone. This will ultimately allow the company to build more rockets as they’re planning to add 21 new ships by 2026. Which again, is on top of the Starlink expansion that’s practically printing money at this point.

So yeah, while you and I can’t get in on the fun of this event come December, at least we know Elon is still an absolute beast when it comes to business. Between X, Tesla, Starlink, SpaceX, and everything else the guy has his hands in - Musk is a force to be reckoned with. And if a few safety rules get trampled along the way? Well, that’s just the cost of doing business when you’re practically the renaissance man of the century. 

(Source: Axios) 

In the end, for you Tesla shareholders, nobody can beat a CEO like Elon. So I guess that’s the main silver lining you can take away this Sunday. “In Elon We Trust, Baby” - (well, in the corporate world that is). We all know who the real Daddy is… and all Gods degenerates said, Amen. 

As always stay safe and stay frosty, friends! Until next time… 

P.S. Life comes at you fast friends, and while your favorite online stock guru is out here struggling to make heads or tails on the markets short-term direction - our team and our premium members at Stocks.News are absolutely CRUSHING it. How so? Well it all comes down to back-to-back-to-back-to-back-to-back massive wins over the last few weeks. Don’t believe me? Click here to see for yourself once we drop our next alert. 

Stocks.News holds positions in Tesla as mentioned in the article.