Andrew_Jackson_FTW
Diamond Member
- May 12, 2022
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Many folks are eagerly awaiting the IPO of SpaceX. One of the most anticipated IPO’s in recent market history.
But with SpaceX also comes a number of stocks that are in the space category if you will. A few of the notable ones include momentous and rocket lab corporation.
In short these are space tech companies…. to my knowledge, momentous has partnered with SpaceX on a number of things. Whereas rocket lab corporations is viewed as a competitor to SpaceX.
In any event wrt these two companies we have seen unprecedented profits in a short period of time. What is interesting is that SpaceX is operating at a net loss but it’s evaluation is expected to be as high as $2 trillion…based on potential future profits.
With regards to space exploration and technology who knows how this will pan out over the next few decades. But what is fact is that space related companies have done incredibly well in the market in the past month or so. Question is how long will that continue?
But with SpaceX also comes a number of stocks that are in the space category if you will. A few of the notable ones include momentous and rocket lab corporation.
In short these are space tech companies…. to my knowledge, momentous has partnered with SpaceX on a number of things. Whereas rocket lab corporations is viewed as a competitor to SpaceX.
In any event wrt these two companies we have seen unprecedented profits in a short period of time. What is interesting is that SpaceX is operating at a net loss but it’s evaluation is expected to be as high as $2 trillion…based on potential future profits.
With regards to space exploration and technology who knows how this will pan out over the next few decades. But what is fact is that space related companies have done incredibly well in the market in the past month or so. Question is how long will that continue?
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