Before Space-X IPOs, I was thinking all space stocks like ASTS, PL (My favorite by far), RKLB, etc will go up bc:
1) Hype. People will want to buy anything related to the biggest IPOs launch in history.
2) Space as a business industry will be more developed transitioning from promising stocks like RKLB and ASTS (that are sure interesting but have a long way to go) to Space X that has 4 companies in 1 space stock.
I know Space X IPOs is overpriced, but I believe other stocks are not.
Share what you believe
Will space-related stocks launch before Space-x does?
byu/trichtofen ininvesting
Posted by trichtofen
2 Comments
Well you’re not the only one with this thought, someone posted a ‘DD’ on why SPCE (virgin galactic) would rise because of the same reason and maybe it was coincidence but it shot up ~20% shortly after the post.
Hoping for a Yes.
The narrative is interesting, but the harder part is whether the company has a durable unit economics story before the capital intensity catches up. In space, product-market fit is only half the battle.