🐋 The Orbital Monopoly: Front-Running the Next Trillion-Dollar Asset

Hello again.

At Whales Investing, we study history because financial history rhymes. In the 19th century, the "Whales" of that era - the Vanderbilts and Rockefellers - didn't get rich by opening general stores. They got rich by owning the infrastructure that connected the economy. They built the railroads and the pipelines. They created monopolies that generated cash flow for generations.

Today, we are witnessing the construction of the 21st-century equivalent. But instead of laying steel tracks across the prairie, this infrastructure is being deployed 340 miles above our heads.

For decades, the telecommunications industry has been a stagnant oligopoly. Companies like AT&T and Verizon rely on burying cables in the dirt. It is slow, expensive, and geographically limited. Elon Musk is flipping this model on its head. By launching a "constellation" of thousands of satellites, he is building the world's first Global Carrier. This is a moat that is virtually impossible to cross. Once the mesh network is active, no competitor can catch up. The capital expenditure is too high; the lead is too great.

The "Smart Money" loves a monopoly. And we are seeing signs that the biggest liquidity event of the decade is approaching.

You might be asking: "If this is such a sure thing, why isn't everyone buying it?" The answer lies in the structure of the market. SpaceX is a Private Company. This means it does not trade on the NYSE or Nasdaq. You cannot open your brokerage app and buy shares.

This is by design. The wealthiest investors - the Venture Capitalists and Private Equity firms - prefer to keep the best assets private for as long as possible. They want to capture the massive growth phase (the journey from $10 billion to $200 billion) for themselves. By the time a company like this holds an IPO (Initial Public Offering), the "easy money" has often already been made. The public gets to buy the stock after the valuation has skyrocketed.

However, the promo above highlights a rare anomaly. A window has opened for smaller investors to claim a stake before the bell rings. Jeff Brown’s prediction of a "Trillion-Dollar Business" is backed by the math of the Total Addressable Market (TAM). If Starlink captures just a fraction of the global internet market, the cash flow justifies a valuation that rivals Amazon or Google. Getting in at the current private valuation creates an asymmetric bet: limited downside (backed by physical assets and contracts) with exponential upside (the IPO liquidity event).

The most stunning number in the promo isn't the dollar figure; it's the operational tempo: "Every week Elon Musk is sending about 60 more satellites into orbit." Think about the logistics of that. Legacy telecom companies take months to lay a few miles of fiber. Musk is deploying an entire city's worth of connectivity every seven days.

This is what we call "Escape Velocity." In business, once a company reaches a certain speed of execution, competitors simply give up. We saw this with Amazon in e-commerce. We saw it with Netflix in streaming. We are now seeing it with SpaceX in telecommunications.

The "Whales" are positioning themselves now because they know the IPO is inevitable. The capital expenditures are massive, and eventually, Musk will need to tap the public markets to liquidity his early investors and fund the Mars mission. When that S-1 filing drops, the hype will be deafening. The opportunity to buy at a rational price is now, in the quiet before the storm.

While the "Crown Jewel" (SpaceX) is private, we track the public proxies that move in sympathy with the Space Economy.

The internet is moving from under the ground to above the clouds. This is a structural shift in the global economy. The "Whales" have been quietly accumulating private stakes in the leader of this revolution. The door is currently ajar for the retail investor to join them. Don't wait until the IPO makes headlines; by then, the premium will be priced in.