SpaceX launches 60 mini satellites into orbit

Elon is a genius and I've been buying and selling his TSLA stock for a few years now, made good profit each time, will buy again when market crashes. Can't wait for SpaceX to go public and I will buy as many shares as I can afford. Did you see the video where two of his rockets landed back to Earth in perfect timing? It's like out of Science Fiction!
https://www.bing.com/videos/search?...A6504F51EF0A703F8BFEA6504F51EF0A703&FORM=VIRE
 
PVC said:
Elon is a genius and I've been buying and selling his TSLA stock for a few years now, made good profit each time, will buy again when market crashes. Can't wait for SpaceX to go public and I will buy as many shares as I can afford. Did you see the video where two of his rockets landed back to Earth in perfect timing? It's like out of Science Fiction!
https://www.bing.com/videos/search?...A6504F51EF0A703F8BFEA6504F51EF0A703&FORM=VIRE
Click to expand...
Wish I was in a position to do that too, PVC.

But I have to say, this is such an exciting time to be alive, in ways such as this. Just wow!
 

@RadishRose - I believe that our next frontier is outer space, so I am excited about it and also sad that I won't be around when it finally happens. I like to buy stocks in anything that is futuristic, even drones. I've been buying shares in SPCE also, Richard Branson's space tourism IPO. If successful, his business can also speed up international travel. Look into it, it's only $10 a share and you don't have to buy hundreds of shares. Sometimes I buy 5 shares of a stock if I really want to own it and that is only what I can afford. You know, ''foot in the door'' idea?

https://finance.yahoo.com/quote/SPCE?p=SPCE
 
PVC said:
Elon is a genius and I've been buying and selling his TSLA stock for a few years now, made good profit each time, will buy again when market crashes. Can't wait for SpaceX to go public and I will buy as many shares as I can afford. Did you see the video where two of his rockets landed back to Earth in perfect timing? It's like out of Science Fiction!
https://www.bing.com/videos/search?...A6504F51EF0A703F8BFEA6504F51EF0A703&FORM=VIRE
Click to expand...
Good technology is no guarantee of a good stock buy.
 
I am trying to grasp how they manage the 60 satellites much less the thousands of satellites already in orbit. Earth from a distance looks like a bad case of dandruff.According to the United Nations Office of Outer Space Affairs, there were 5,062 satellites orbiting the Earth as at the 13th March 2019. Although, you should note that the precise number changes frequently as new satellites are launched, and older satellites are deorbited.
 
fmdog44 said:
Good technology is no guarantee of a good stock buy.
Click to expand...
I don't buy a lot of shares of anything, just enough to ''dip my toes in'' into something I admire or am excited about. It makes me feel like I'm ''part of the adventure". Until Elon, electric cars existed but it wasn't yet a ''snowball'' like it is now, and not even NASA or Boeing thought of or bothered to re-use rockets or land them on moving barges or dry land, they just splashed them into the sea where the salt water made them no longer useable. I think that Musk, Branson, and Bezos are the pioneers of a new era, they're not just ''billionaires'', they're innovators.
 
Thanks, RadishRose for Telstar. I remember watching the first time TV was transmitted , via Telstar, from the US to Europe. It was a big deal and they only had a 20 minute window for it to work. That was the height of technology at the time.
 
I just bought a few more shares of SPCE. If it's first tourist flight in 2020 is a success, the shares will soar, and if unfortunately something bad happens the shares will crash. Hopefully, for the stock and the passengers and crew, it will be a formidable success. I think they will have 6 passengers forking out a shocking $250,000 fare each for less than one hour flight and only 10 minutes of weightlessness. 600 people have already prepaid their flights.

https://www.bing.com/videos/search?...0921DC582E079E09000E0921DC582E079E0&FORM=VIRE
 
Last edited:
PVC said:
I just bought a few more shares of SPCE. If it's first tourist flight in 2020 is a success, the shares will soar, and if unfortunately something bad happens the shares will crash. Hopefully, for the stock and the passengers and crew, it will be a formidable success. I think they will have 6 passengers forking out a shocking $250,000 fare each for less than one hour flight and only 10 minutes of weightlessness. 600 people have already prepaid their flights.

https://www.bing.com/videos/search?...0921DC582E079E09000E0921DC582E079E0&FORM=VIRE
Click to expand...
Rather than buy the stock of the main company like PCE think about buying shares of already successful companies that are their vendors supplying them with whatever. A much safer way to go. Uber is successful but yet has made zero dollars and wont for at least another year. Then there's Tesla.
 
fmdog44 said:
Rather than buy the stock of the main company like PCE think about buying shares of already successful companies that are their vendors supplying them with whatever. A much safer way to go. Uber is successful but yet has made zero dollars and wont for at least another year. Then there's Tesla.
Click to expand...
I don't buy a lot of shares of anything (am too chicken and can't afford it anyway). I want to own the actual company doing the incredible, not their supplier. I buy ETFs for that, they're safer but also don't move much. Unless something tragic happens on their maiden commercial flight, I think SPCE will do well. They did have explosions and lost one pilot, but that was in 2013 and 2014, every aeronautics company has tragedies. Boeing has been around since 1916 and THEY are still having problems.
 
PVC said:
Elon is a genius and I've been buying and selling his TSLA stock for a few years now, made good profit each time, will buy again when market crashes. Can't wait for SpaceX to go public and I will buy as many shares as I can afford. Did you see the video where two of his rockets landed back to Earth in perfect timing? It's like out of Science Fiction!
https://www.bing.com/videos/search?...A6504F51EF0A703F8BFEA6504F51EF0A703&FORM=VIRE
Click to expand...


"when market crashes" ?

Do you have a crystal ball ?
 
Correct-SpaceX-Tesla-car.png
 
SpaceX it looking at putting 42,000 up there in order to eventually cover the Earth's outer region with a giant net (maybe) of Starlink satellites. This has astronomers troubled. Does this trouble you? I don't know how I feel. Everybody should love satellites right?
 
Judycat said:
SpaceX it looking at putting 42,000 up there in order to eventually cover the Earth's outer region with a giant net (maybe) of Starlink satellites. This has astronomers troubled. Does this trouble you? I don't know how I feel. Everybody should love satellites right?
Click to expand...
I think the satellites are being overdone. I am not a scientist, but I'm sure all those satellites covering the earth's atmosphere will eventually control the climate somehow. All investments have their ethical plus and minus. I doubt there is a stock out there that is ''pure and clean''.
 
PVC said:
I actually look forward to bear markets, it gives me a chance to buy stocks ''on sale''. I already have a shopping list and am letting my dividends add up.
Click to expand...


Yes it does open opportunity , but it can also fuel fear. Although IMO, I believe that most people today are educated enough not too actually 'panic'?

I am a small time/long term investor. Will likely croak , and never cash in, but it's nice to know it's there.
 
rgp said:
Yes it does open opportunity , but it can also fuel fear. Although IMO, I believe that most people today are educated enough not too actually 'panic'? I am a small time/long term investor. Will likely croak , and never cash in, but it's nice to know it's there.
Click to expand...

So am I, in fact, I am so small time that I many times have bought as little as 5 shares of a stock with a high price, such as TSLA. Now that Ameritrade is giving free trades for a while I'm trying not to get tempted. Must save those dividends for when ''blood flows in the streets'' of Wall Street during the next bear market. LOL
 
Today's generation is quick to blame the Industrial Revolution for destroying our planet's environment. It was driven by dreams & promises of financial gain. Why is it OK for ONE Company to pollute the World-wide atmosphere this way, to have a better internet? All the talk is about financial gain.

Each satellite will have a 5 year life, at most....and they ALL will have to be replaced every 5 years....indefinitely. More often, considering attrition, weather & terrorism. I think it may prove to be unsustainable, in the long run. Five years is a very short period of time.

Like the Mission to Mars, it is a fragile dream. It seems highly risky and speculative. The chances that the Company will crash (literally), before their stock sky-rockets seems very high. We can call it the Communication Revolution.....and hope for the best.
 

You must log in or register to reply here.

Back
Top