Spotlight

Musk’s Most Audacious Project

Editor’s Note: On Tuesdays we turn the spotlight outside of Porter & Co. and bring you exclusive access to the research, thinking, and investment ideas of the analysts who Porter personally follows. 

This month, we’ve been joined by Matt Milner, who’s been taking us deep inside Elon Musk’s ever-growing empire:

Today, in the final part of his series, Matt has saved the best for last and introduces us to what could be Elon Musk’s most ambitious, audacious, and potentially valuable company of all. 

While still privately held, it’s exploding in value, pulling in billions in revenue, and quietly becoming one of the U.S. government’s most trusted defense partners… 

While you’ll know the name of the company – and probably assumed you would never be able to own it – as Matt reveals today there is a backdoor way to invest in what could eventually be the most valuable public company in the world. 

Enjoy.

Musk’s Multiplanetary Riches

A few weeks ago, a spacecraft splashed down in the waters of Florida, just off the coast of Tallahassee.

On board were two NASA astronauts, Suni Williams and Butch Wilmore. They’d initially expected to be on an eight-day mission to test out Boeing’s Starliner spacecraft. 

But in the end, Suni and Butch’s eight-day trip turned into 286 days. They traveled a mind-boggling 121,347,491 miles and completed 4,576 orbits around Earth. Seemingly endless complications with the Starliner — a faulty valve, helium leaks, failed control thrusters — kept adding days, weeks, and months to their trip.

Eventually, President Trump gave up on Boeing. He knew he had to get the U.S. astronauts home right away, with no more drama. So, who did he turn to instead?

You guessed it: Elon Musk.

SpaceX Takes Flight

In 2002, Elon founded SpaceX with a simple mission: to make life multiplanetary. 

Musk believes that humanity faces several long-term existential risks. From asteroid impacts and climate disasters, to self-inflicted events like nuclear war. In this context, becoming a multiplanetary species — learning how to live beyond Earth — increases our chances of survival. 

SpaceX’s grand vision is inspiring. It pushes science and innovation forward, and gives humanity a “next frontier” to dream about and work towards. For example, as one of the steps towards its goals, SpaceX is revolutionizing space travel. With its reusable rockets like Falcon 9 and Falcon Heavy, it’s making trips to space cheaper, faster, and more accessible than ever.

Of course, moving your family to Mars on a SpaceX rocket isn’t happening anytime soon. But that doesn’t mean SpaceX isn’t already making a bundle. As you’re about to learn, it’s making a fortune.

The World’s Most Valuable Private Company

Given its vast mission, perhaps it makes sense that SpaceX has become the world’s most valuable private company. It hasn’t even gone public yet — it’s still a private “startup” — and it’s already worth $350 billion.

And many now believe it will become the world’s most valuable public company.

But since SpaceX is still private, most everyday investors think they can’t get exposure to it. Perhaps you thought the same thing. Maybe you thought the only people who could get private SpaceX shares were Elon’s friends, family, and coworkers. Just like with any other pre-IPO opportunity, you assumed you were locked out. 

Not fair, right? But instead of bellyaching about it, let’s do something productive here:

Let’s flip the script. Let’s talk about how you can get exposure to SpaceX — while it’s still private. That way, you can finally ride alongside Elon and get access to his “Midas touch.”

But before we dive in, let me briefly summarize why you should care about getting into SpaceX in the first place. It all comes down to three easy-to-understand reasons.

Reason #1 To Get into SpaceX Now

The first reason you need to get into SpaceX now is simple:

It’s become the “go-to” company to launch anything into Space — from satellites to NASA infrastructure. And as you just learned, it’s become the “go-to” space company to perform rescue missions, too.

Furthermore, it’s signing government contracts faster than I’ve ever seen happen before. That’s because it has the backing of the deepest and most powerful pockets in the world: the United States Government. 

At this point, virtually every major agency of the U.S. government is a SpaceX customer. The Department of State. Veterans Affairs. Homeland Security. Agriculture. Transportation. The EPA. The GSA. In all, more than 17 agencies.

And just look at its revenue growth:  

This is a perfect revenue chart. It’s “up and to the right.” In other words, it’s growing fast — and it’s continuing to grow fast.

But in the coming months and years, I believe SpaceX’s revenue will soar higher than ever before. Why? The answer to that question is the second reason you should invest in SpaceX right now.

Reason #2 To Get into SpaceX Now

SpaceX is like two of the hottest startups on Earth — in one company.

The first “company” in SpaceX is its rocket and satellite business. But the second business is potentially even more exciting: Starlink, Musk’s space-based internet service. 

Space-industry analysts are calling Starlink “nothing short of mindblowing.” Here’s how it works.

Every time Elon launches one of his rockets, even if it’s on behalf of NASA, he stows away satellites for Starlink on board. As the rocket enters space, dozens of these refrigerator-sized Starlink satellites break off and are deployed. 

These satellites can beam the internet down to Earth, to even the most remote jungles and mountain tops. That means anyone, no matter where they live, can sign up for Elon’s internet service.

Starlink has already signed up more than 5,000,000 customers in 100 countries.

Here’s the bottom line. Just as Elon upended banking with PayPal, and just as he revolutionized the car industry with Tesla, now he’s about to own the internet with Starlink.

Just imagine how much SpaceX might be worth when half the world ditches its slow, unreliable internet, and starts using Elon’s Starlink. Starlink could generate billions of dollars in cash flow for Elon’s SpaceX, year after year after year. 

And by the way, this explains why USA Today reported that SpaceX will help Elon become the world’s first trillionaire.

Reason #3 To Get into SpaceX Now

And now, here’s the third reason you need to get into SpaceX now: 

Elon’s connection to the U.S. President.

As you learned in Part 1, Part 2, and Part 3 of this series, Elon is closer to President Trump than just about anyone outside of his direct family. He’s now a part of “the inner circle,” as The Washington Post confirmed. 

In Trump’s own words, in his Time “Person of the Year” interview, he said he believes Elon is one of the “only people” in the world with real credibility.

It’s hard to think of a single businessman since John D. Rockefeller who was held in such high regard — and who wielded such immense power with the U.S. Government. This is why I believe, much like Rockefeller became one of the first billionaires, it’s inevitable that Elon will keep earning huge government contracts and become one of the first trillionaires.

SpaceX is set to earn massive revenues. And I believe that anyone who follows Elon, even with just a small investment, could potentially make enormous profits.

How To Get Your Stake Now

Sure, Elon Musk has been getting slaughtered by the press and protesters lately. But no matter how rough things look, I wouldn’t count him out. 

I’d never bet against Elon. Never.

Because no matter how much the odds seem stacked against him, in the end, everything he touches seems to turn to gold. Zip2, PayPal, and Tesla all faced treacherous odds. But in the end, they made Elon — and his investors — millions, even billions of dollars.

But if you want to make life-changing gains, you can’t wait for the IPO. By the time a company goes public, all the easy money will already have been made. You’ll be left fighting for table scraps in the stock market with 360 million other Americans. 

Now, most people think you can’t get into SpaceX when it’s still a private, pre-IPO company. But as an expert on early-stage private companies, I’m here to tell you that informed investors can get access. 

I’ve discovered a way for investors like you — ordinary investors — to get exposure to SpaceX before its potential IPO, for less than $50.

In fact, I just released a new video, with Porter, about the ticker symbol that lets you grab a pre-IPO stake in SpaceX now. The video is free to watch. But it won’t be online much longer. Porter and I hope you enjoy it.

Happy investing, 
Matt Milner 

P.S. As you’re starting to understand, everything Elon touches seems to turn to gold. 

So if you’d like to learn — for free — how to get pre-IPO exposure to SpaceX, check out my new video. You can see the entire video here.