Your Next Upgrade? (Part 3)

This might be of interest to some:

Among tons of potentials that intrigued me from this IPO, I will just mention two: Starlink internet, a potential super-high growth part of SpaceX that may actually generate good revenue, and future data-centers on space ships that will be a monopoly with few competitions for years to come (too expensive to build at the beginning but a huge money maker later). Does that sound crazy? Well, the technology is there for SpaceX and Amazon at a distant future possibly (NASA already uses private rackets). Space is so cold which is idea for huge chips/battery banks that create tremendous heat. Plus, no local jurisdiction taxes, fees, regulations, EIR review, and neighbors to deal with, not to mention less headaches on land leases, infrastructures, and water resources.

Another possibility is a merge with Tesla. Elan Must will make that happen just to brag he is not only the richest man, but also creates the largest company in the world.

After typing this, I think I may buy more shares. :laughing:

2 movies that are worth seeing for outer space travel include “Total Recall” (Arnold Schwarzenegger) and “Passengers” (Chris Pratt & Jennifer Lawrence).

And Star Wars, lol

Love them all! :grin:

I just want to go to Mars! Doesn’t have to be first class! :laughing:

“Lori, let’s do it … move to Moss!” — Doug Quaid

Actually there is only one, Stanley Kubrick’s 2001: a Space Odyssey.

Some details… most of of the money I took off the Stock Market was in a 529 plan for my daughter. It had grown to five times my original investment. The money was all in tracking stocks and now isn’t. As all the money remains in the 529, but just in different investments I have been led to believe it is not subject to tax. Just a sideways move. The nice thing about profit taking is it provides nicely for tax payments. You have to do it some day. Why not do it on the historical best day? Better days ahead? Maybe, maybe not. But our 500% gain will soothe us.

As I said earlier, smart. Also, details count. For the others, should there be a market correction, your tax exposure will be reduced. We all win. BTW, our daughter’s 529’s are being rolled over to their Roth IRA’s. Considering present market conditions this may take some time,:grinning_face:

We are currently fully invested in the Market, besides a large home investment made this Summer.

I am betting my current holdings will be better by the end of the year, than they are now.

Yes you are. I hope you are rewarded!

I am partially invested in Stealth power cables.

If they have lie-flat seats, I’m down with it.

The complications of putting men on Mars and sustaining them there long term and then returning them back to Earth is near impossible! The dangers involved are mind boggling…

I have a relative who became a millionaire X 6 (one of the 4400) after the SpaceX IPO. He’s a line level engineer who has been with them since the beginning. What an amazing generational change for his entire family. From living a modest life to this.
I find the orbital data centers to be most exciting.

Great story! For that we’re celebrating SpaceX debut at Gary Danko, SF tonight :wine_glass:

Actually it’s a birthday party​:blush:

Happy birthday Donald!

Happy Birthday Donald!

Have a nice birthday! Do a few special tweaks!

Happy birthday Donald. Care to share your age? :zany_face: