A little late to the party, but I thoroughly enjoyed this write up from @itsmoislam. It's short. Go read it!
As in all of life, simply doing what you said you were gonna do is the best way to separate yourself from the competition. More thoughts below.
payloadspace.com
As in all of life, simply doing what you said you were gonna do is the best way to separate yourself from the competition. More thoughts below.
payloadspace.com
Defense is the traditional category for space incumbents. So far this year, the Defense sector is not only outperforming the broader equity market, it's absolutely crushing--not a perfect analogy for the space SPACs, but it's indicative of the health of incumbents
Meanwhile, the Space SPACs are trading in a tightly correlated free fall as they (*almost* universally) miss milestone after milestone
I don't buy stocks. I don't provide stock buying advice. But, I do like to speculate on the fundamentals of these businesses (and believe that fundamentals and price usually reconcile eventually). The market cannot yet tell the difference between these cos
If you think there are good companies in this lot, they're probably being punished unfairly. The market is painting with a broad brush. The fact these companies have assets in space usually has very little relevance to their customer base - focus on the problems being solved.
I hope Mo and @payloadspace do more market analysis like this - I thought this was a fair, succinct, and insightful piece.
P.S. @itsmoislam which is the only company keeping to its original projections? Planet?
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