Elon Musk is a name that needs no introduction. One of the most famous entrepreneurs of this generation, he is widely known for his work in Tesla, SpaceX and The Boring Company. Elon has made his mark in all these industries and is even working to serve humanity through his latest venture called Neuralink.
Investing in one or all of the companies owned by Elon Musk seems to be a lucrative option for many. Considering the fact that these companies are only going to grow, investing in them now will pay off as Musk continues to innovate.
This guide will help you get started in investing in Elon Musk’s companies.
How to invest in Elon Musk’s companies?
Investing in Tesla
Tesla is one of the pioneers in electric car manufacturing and sale. The company works towards a transition into sustainable and clean energy. With its wide range of electric cars, Tesla plans to make driving fun and maintenance-free.
If you consider the advantages of Tesla, you will know that it is a good place to invest. The company has grown significantly since its IPO and continues to grow at an explosive rate. It is a leader in its field and shows no signs of slowing down anytime soon.
You can invest in this company through any of the best brokers for stock trading.
Investing in SpaceX
Space Exploration Technologies Corporation (SpaceX) was founded in 2002 by Elon Musk with the goal of creating a reusable launch system to reduce space transportation costs and work towards the colonization of Mars.
If you’re wondering how you can invest in this space company, you have to understand that there is no direct method for investing in SpaceX. The company is still held in private. However, you can invest in the company indirectly by investing in companies that have initially invested in SpaceX. You can invest in Alphabet (NASDAQ: GOOG), the parent company of Google. It was this company that invested in SpaceX in 2015. This is the best way to put your investment into SpaceX.
Investing in Open AI
OpenAI is one of the most promising projects pioneered by Elon Musk. There is a huge opportunity for growth in this sector.
As of now, investing in Open AI is not possible as it is a privately held company. But, there are predictions of an IPO soon. When it happens, you will be able to invest in this company.
Investing in The Boring Company
The Boring Company was initially a subsidiary of SpaceX, till it became fully independent in 2018. It is a privately owned company. You can’t buy stocks in this company right now. You may do so when the company decides to go for an IPO in the future.
Investing in Neuralink
Neuralink is a company that works towards inventing new technologies and building new devices that will expand the abilities of the human brain and enhance our world.
The company is not publicly listed yet. Therefore, investing in this company won’t be possible right now
If you’re looking for a way to invest, Elon Musk’s companies are a great way to diversify your portfolio. These companies are only going to grow, and investing in them now will pay off as Musk continues to innovate.