Monique Jennings
3.8K posts


Please join me in wishing @Arkypatriot a Happy Birthday!!! May you have the BEST birthday and more EPIC year ever!!

USMC Lady Vet 🇺🇸@Arkypatriot
X out here forgetting my birthday like I didn’t just survive another trip around the sun. And now I’m the oldest I’ve ever been lol. Where’s my damn balloons, algorithm? 🎈🎉 Who’s buying the cake?
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SpaceX's public listing today is a major milestone for the entire space industry and marks the beginning of mainstream space as a serious, investable industry.
This is an important enough milestone for the industry that I feel it's worth commenting on.
Everyone here (most who are just tourist investors pivoting from crypto to the latest trends) is throwing takes out there about whether SpaceX is overvalued or not.
I want to skip all that and focus on something else: "Space as an investable industry going mainstream".
If, before, "space as an industry" was something only VCs and forward-thinking investors threw money at, it's now an investable category with tremendous growth potential over the next decade.
Space is probably THE most exciting investable growth story unfolding in real time over the next decade.
Space investing is still in its infancy, but the early space infrastructure is being built out, and what happens (or does not happen) is vitally important to the future of humanity. It's still possible to get a piece of the pie here.
Regardless of what happens with the SpaceX IPO, this will be a day for the history books.
I've personally been angel investing in space companies since 2018, long before anyone was talking about space as an investable asset class.
While crypto has been broadly disappointing over the past several years, it turns out that Space is booming.
It pays to diversify investments and not go all in on one single asset class. I've lost quite a bit holding crypto bags to the ground, but my angel investing spree into early space companies is bringing some crazy returns.
I've invested seven figures (~$2,000,000) into a dozen space companies since 2019.
So I've been excited about this industry for almost a decade now (nearly the same time I've been investing in crypto).
I invested in SpaceX in 2019 at a 32B valuation, which at the time seemed like a crazy-high valuation.
My thought, though, was that Elon could pull something off and build out a key infra company, and that maybe by 2030 the company could be a trillion-dollar company IF the space industry expanded and became mainstream.
Well, 7 years later and 4-5 years earlier, that's become a reality. My small angel bet, on paper, is a ~55x return (less with dilution). And a number of my other early seed investments in space companies back in 2020 are yielding enormous returns, with several set to IPO shortly.
It felt kind of crazy writing small angel checks into space companies on the belief that those companies might well be the future's versions of the core gas, oil, electric, telecom, and railway companies.
What's even more exciting (and where I've been placing a lot of bets over the 2020-2023 period) is all the other space companies building something. While SpaceX is getting all the mainstream attention, it's also going to bring serious investor attention to the dozens (hundreds?) of smaller companies building space companies.
This entire sector, collectively called New Space, is worth watching.
I really believe that the East India Companies that dominated international trade in the early 1600s will, in some ways, be replicated in Space over the coming decade.
Whatever happens with SpaceX and the stock over the short term, I'm more excited about the long term for Space as an investable sector.
This is definitely a sector you will want to pay close attention to, now that SpaceX has brought mainstream attention to the space industry. There will still be new opportunities betting on future growth in this sector.
As for SpaceX, over the long term, I do feel it's going to be one of the fundamental infra companies building in this sector, and I think it will grow into a 5-10T company over the next decade. But there are OTHER companies building out early space infrastructure that might well become deca-billion- and even trillion-dollar companies. It is to those companies that I think there are gains to be had.

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@unkonfined Yes, I do !! Only if you want your page to grow
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@karatademada Who cares they will be all right. He earned every bit of what he
Has God has giving him the power to get wealth and he’s continuously being a blessing to others!!!
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@unkonfined Amen, Nothing But Confirmation!! I know that this word is for me
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It is natural to want more.
To grow. To build. To increase. To prosper.
God placed that desire inside human beings from the beginning when He said, "Be fruitful and multiply."
There is nothing noble about poverty, and there is nothing evil about wealth.
Personal wealth is not a sin when it is acquired with integrity and submitted to God.
A prosperous life allows you to provide, to give, to help, to build, and to leave an inheritance for future generations.
Religion often teaches people to feel guilty for wanting more.
God teaches stewardship, fruitfulness, and increase.
May the Lord bless you and multiply you a thousand times over.
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