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SpaceX Doubles the Size of Its "Starlink" Internet Broadband Constellation


Do you want to invest in SpaceX?

There are two key things you need to know about SpaceX if you're planning to invest in this privately owned and operated space company, either when SpaceX IPOs (assuming it does) or indirectly through a purchase of Alphabet stock. (Alphabet, you see, owns a piece of SpaceX.)

The first thing is that SpaceX is driving down the price of spaceflight by making its rockets increasingly reusable. First, it's figuring out how to launch and then land its rockets' main engines; second, it's recovering and reusing its cargo modules; and most recently, the company has been "netting" rocket nosecones as they fall back to Earth. The more rocket parts SpaceX is able to recover and reuse, the fewer new rocket parts it needs to manufacture, thus lowering the cost of each subsequent launch.

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Source Fool.com


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