Evaluating potential investment in SpaceX.

[spacenutty]

I currently have an offer on the table to invest in SpaceX, which I've been searching for quite a while. I've been a long time lurker on this board and would respect your opinion.

The valuation is higher than the last public round which I've come to realize is fairly standard for pre-IPO offerings on the secondary market. Not sure I'm allowed to give specifics but I can say it's between 168-172 billion valuation at 92-97/per share.

This would obviously not be for everyone but what annualized return would you expect with these costs.

What do you think?

[Nomadd]

 The usual financial numerology isn't worth much in this case. Elon could get hit by a truck tomorrow with a series of bad decisions turning the company into a memory. Or, everything they're working on could go well and the company could be worth more than the next four companies combined in 20 years.  Any investment will be a measure of faith in the company, the man and his vision. The numbers you can dig up today are more a measure of people's hopes than present cash flow.