Have you ever wondered what kind of companies Elon Musk invests in?
In 2012, Elon and other legendary investors (like Peter Thiel) backed a small software company called Stripe.
A year later it was worth $100 million. By mid-2022, it was valued at $74 billion.
Stripe’s flagship product is a secure and convenient checkout solution for e-commerce platforms. They’ve partnered with Shopify, Amazon, Lyft, Instacart, and many others.
Want to invest alongside Elon? Here’s how to buy Stripe stock in 2022:
Can You Buy Stripe Stock? Is Stripe Publicly Traded?
Right now, you can’t directly buy shares in Stripe on the stock market. This privilege is reserved for venture capital firms and other major players.
In the near future, however, it’s likely that Stripe will go public. They have filed their intentions of an IPO with the SEC, but a date has not yet been announced.
Until the IPO, let’s cover a few ways to get indirect exposure to Stripe.
Who Owns Stripe?
Stripe has been funded by a total 51 investors. Early investors include Elon Musk, Peter Thiel, Andreessen Horowitz, Sequoia Capital, and more.
As a side note, Elon Musk and Peter Thiel also provided the startup capital for another successful venture — check out how to buy Open AI stock for more information.
2 publicly-traded companies within the payments industry also invested in Stripe during its early years: Visa and American Express.
Both Visa and Amex participated in the Series C funding round in 2014, when Stripe was worth only a few hundred million dollars.
Here’s how we can benefit from their investments:
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Are Visa and Amex Publicly Traded?
Visa and Amex are both public companies available on the NYSE and are members of the S&p 500.
What do Visa and American Express have to do with investing in Stripe stock?
I’m getting there…
How to Invest in Stripe Stock
Just to be clear – there is no Stripe stock symbol yet. Stripe announced that it intended to go public on the stock market, but has not released a date yet.
But buying Visa and/or American Express may give you exposure to Stripe’s upside. By buying the companies which own Stripe, any valuation leaps made by the fintech payment processor should be reflected in Visa’s and Amex’s stock prices:
Although the amount that these companies invested was not disclosed, Stripe’s valuation is roughly 100x what it was when they bought in.
Additionally, Visa and Amex will track the performance of the payment industry as a whole. If Stripe’s business takes off, Visa and Amex are likely to as well.
How to Buy the Stripe IPO
Stripe’s IPO has been eagerly anticipated for years and always seems to be just around the corner.
An IPO would enable Stripe to invest more capital to grow more quickly and provide major windfalls to its early investors and founders.
If it announces its IPO, here are the steps you will need to take to buy shares of Stripe:
- Create or login to your brokerage account (if you don’t have one, we recommend eToro – it’s free)
- Search for Stripe
- Select how many shares you want to buy
- Place your order
- Monitor your trade
The Stripe stock price has not yet been determined – be sure to research the valuation of the company at its IPO to determine an investment strategy. You cannot buy shares of Stripe stock until its IPO.
Stripe Stock Price Chart
Since it’s a privately-held company, there isn’t a traditional Stripe stock price chart that you can find on a trading platform. However, there has been enough data available to create a timeline of the company’s valuation during different funding rounds.
How to buy Stripe stock?
Stripe is a private company right now and its shares cannot be purchased directly on the stock market.
However, Visa and Amex both invested in early funding rounds, which means that although there is not a Stripe stock symbol to buy, you can purchase Visa (NYSE:V) or Amex (NYSE:AXP) to get some exposure to the success of Stripe.
How much is Stripe stock?
Stripe was most recently valued at $74 billion, down from its high of $95 billion.
What is Stripe stock symbol?
There is no Stripe stock symbol - the company has yet to IPO.
Who owns Stripe stock?
Stripe has dozens of investors, including Elon Musk, Peter Thiel, Sequoia Capital, Andreessen Horowitz, Visa, and American Express.
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