Trump Policies Deplete Post-Election Space Stock Gains
Space stocks soared in the wake of Trump’s election win. In the weeks since, however, many of these lofty valuations have come crashing down.
Stories about space companies’ finances, including earnings reports and M&A news.
Space stocks soared in the wake of Trump’s election win. In the weeks since, however, many of these lofty valuations have come crashing down.
Eutelsat stock has surged over 500% this week, adding more than $3B in market cap, driven by expectations of increased usage and a priority on EU defense.
Years of technological and operational challenges have increased costs to develop Starliner, with Boeing reporting losses almost every year since it began developing the spacecraft in 2014.
AST SpaceMobile is raising $400M through convertible notes to continue building out its BlueBird constellation, the company announced on Wednesday.
Spaceium, an in-orbit refueling service, raised a $6.3M seed round led by Initialized Capital with participation from 15 additional VC firms and angel investors. The Y-Combinator-backed startup plans to use the funding to demonstrate its refueling technology in orbit and expand its team. “Fuel for spacecraft is a massive bottleneck in the industry,” Spaceium CEO […]
The SAR data collector has plans for a thirty satellite constellation.
Space markets surged this year, fueled by robust VC investments in private markets and back-in-vogue space SPACs in the public markets. The good year for space investments is part of a broader bull market, where the prospects of a soft landing have sent speculative stocks soaring.
Hockeystick SPAC charts. Wallstreetbets Reddit page buzz. Short squeezes. Everything to the Moon euphoria.
The company has now flown 14 Electron missions this year.
The rocket is expected to complete a test launch in 2025, and fly three commercial launches in 2026.