The Space Investor - 🚀 Starlink IPO Still Years Away

View this email in your browser
The Space Scoop
Week Ended 06.10.2022
Happy Friday! Markets returned to their usual 2022-selves.. going down. Was that it for bear market rally? Time will tell. In other news, Elon said Starlink won't go public for a few more years and numerous space stocks are set to join the Russell indexes. Lets dive in.

📈 Market Max-Q

S&P 500: 3,980.85 -5.1%
NASDAQ: 11,340.03 -5.6%

UFO: 21.19 -6.5%
ROKT: 37.01 -4.2%
ARKX: 14.24 -5.9%
ORBT: 16.50 -5.1%
SSIT: 79.9 -3.7%

SATL: 4.84 +2.5%
ASTS: 6.41 -24.5%
LLAP: 4.39 -25.5%
VORB: 3.51 -29.1%

1W return as of 4:00pm EDT.

🚀 Top Stories

1) France has joined The Artemis Accords, becoming the 20th country to sign the US-led multi-lateral agreement.
  • The pact aims to govern how countries behave in space and on the moon and marks one of the most significant endorsements yet.
2) Elon Musk told SpaceX employees Starlink isn’t likely to IPO until "three or four years from now."
  • Per CNBC, Starlink's business needs to be “in a smooth sailing situation” with “good predictability.” He also noted that “the public markets are fickle” and “really pistol-whip you if you don’t meet expectations.”
3) Northrop Grumman ($NOC) has landed a $2 billion dollar multi-year contract with ULA.
  • The contract allows for increased production of its Graphite Epoxy Motor solid rocket booster. The award supports Amazon’s ($AMZN) Project Kuiper and additional ULA customers with increased production and a significant facility expansion.
4) Various Space Stocks will be added to the Russell 3000 and Russell Microcap indices during this year's annual rebalancing on June 27th.
  • Russell 3000 additions include: Astra ($ASTR), Momentus ($MNTS), Planet ($PL), Redwire ($RDW), Rocket Lab ($RKLB), Satellogic ($SATL), Spire ($SPIR), Terran Orbital ($LLAP) and Virgin Orbit ($VORB).
  • Russell Microcap additions include: Astra ($ASTR), BlackSky ($BKSY), Momentus ($MNTS), Redwire ($RDW), Satellogic ($SATL), Spire ($SPIR) and Terran Orbital (LLAP).

📊 Chart of the Week

According to BryceTech research, there has been a total of €5.97B invested in the United Kingdom space industry over the last 10 years across public and private investment.

🔗 Links

• SpaceX All Hands Presentation Shared by Elon Musk

• Ernst & Young Launches Satellite Image Processing Advisory Service

• Gilat ($GILT) Receives $8M+ Follow-On Order

• Starlink Regains Permission To Operate in France

• Virgin Orbit ($VORB) To Support UK and US Joint Mission from Cornwall

• Lockheed Martin ($LMT) Selects MDA ($MDA) for SDA’s T1TL LEO Constellation

• Redwire ($RDW) Contracted To Manufacture Antennas for National Security LEO Constellation

• Ask Me Anything With Astra ($ASTR) CEO

• Terran Orbital ($LLAP) Concludes Fleet Space CENTAURI-5 Bus Commissioning

Isar Aerospace and Exotrail Partner on Cloud-Based Space Mission Simulation Software

• Rocket Lab ($RKLB) Selected by Ball Aerospace ($BALL) To Power NASA’s GLIDE Spacecraft

• Maxar ($MAXR) Announces Pricing of $500M Senior Secured Notes

🗣️ Opinion

• Will the Economy Deflect the Trajectory of Space Startups?

• Boeing ($BA) Is Back in the Space Race

• FAA Overregulation Threatens America’s Future in Commercial Space

• How Space Debris Threatens Modern Life

• Rocket Lab ($RKLB) Is a Long-Term Buy

• Which ARK Space Exploration ($ARKX) Stocks Are Most Buyable?

📅 Earnings Calendar

• $PL: June 14 - After Market Close

*Company confirmed dates only.
Tweet Tweet
Share Share
Forward Forward
Questions? Feedback? Just 'Reply' to this email.
Copyright © 2022

400 E 20th St
New York, NY 10009-8101

Add us to your address book


Email Marketing Powered by Mailchimp
Disclaimer: The Space Investor ("TSI") does not provide financial advice. All content is for informational purposes only and is not a solicitation to buy or sell any assets. TSI is not a registered investment, legal, or tax advisor or a broker/dealer.

Older messages

🚀 Astrocast Acquires Hiber

Saturday, June 4, 2022

Plus: Axiom Space and Collins Aerospace Awarded NASA Spacesuit xEVAS Contract View this email in your browser The Space Scoop Week Ended 06.03.2022 Happy Friday! And a warm welcome to all our new

🚀 NRO Awards Billions

Friday, May 27, 2022

Plus: ViaSat ($VSAT) Reports Fiscal Year 2022 Earnings; Astrocast To IPO Again View this email in your browser The Space Scoop Week Ended 05.27.2022 Happy Friday! And happy Memorial Day Weekend to our

🚀 The Most Valuable Startup

Friday, May 20, 2022

Plus: Rocket Lab ($RKLB) and AST SpaceMobile ($ASTS) Report Q1'22 Earnings View this email in your browser The Space Scoop Week Ended 05.20.2022 Happy Friday! Market indices continued lower for

🚀 Q1'22 NewSpace Earnings II

Friday, May 13, 2022

Plus: Astra ($ASTR) Holds First "SpaceTech Day" View this email in your browser The Space Scoop Week Ended 05.13.2022 Happy Friday! It was another volatile week for markets as NewSpace

🚀 Q1'22 NewSpace Earnings

Friday, May 6, 2022

Plus: Rocket Lab Successfully Recaptures Booster; AST SpaceMobile Granted Experimental License by FCC View this email in your browser The Space Scoop Week Ended 05.06.2022 Happy Friday! It's that

BlockFi's fire sale, Meta's memo, and confirmed: founders say venture investors are offering tougher terms

Friday, July 1, 2022

View in browser Top News The S&P 500 suffered its worst first half since 1970 but analysis by S&P Dow Jones Indices says historically there has been little to no correlation between the

How to build hype like Spotify 🎵

Friday, July 1, 2022

Web3 startups to watch | Our day at a metaverse expo | Balderton's portfolio letter View this email in your browser Powered by Sapphire Ventures Hi Sifted Reader, From the Sifted podcast studio

VC falls

Thursday, June 30, 2022

Cash cushion. Bitcoin energy. Yikes: this bar chart. View in browser CBINSIGHTS CBINSIGHTS June 30, 2022 On cue Hi there, Here is this week in charts. This Week In Charts Source: Bloomberg Get low. The

📰 SaaS Tribune Weekly - 30 Jun

Thursday, June 30, 2022

SaaSHub Weekly - 30 Jun Our weekly list of useful, trending and featured products Zimyo logo Zimyo Cloud-based Employee experience platform dedicated to driving productivity by creating efficient

Asking Users to Complete Tough Mudders to Use Your Product

Thursday, June 30, 2022

Tomasz Tunguz Venture Capitalist at Redpoint If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here.​ ​Asking Users to Complete Tough Mudders to Use Your

🔥 CRProxy, Devign, Flowmeter, Unicorn Dev

Thursday, June 30, 2022

Today's Trending Products and Posts. CRProxy A reverse web proxy for developers. View Devign An automated bug reporting tool View Flowmeter Machine learning tool to classify network packets. View

Today's startups in 10 words

Thursday, June 30, 2022 Discover new apps and startups in 10 words or less Listen2It: Amplify your content with voice deicare: Measure and improve Diversity, Equity and Inclusion RADAAR: RADAAR is a powerful social

The House of Sounds, Vocally, monse, Parma CRM, JoinSlip, and more

Thursday, June 30, 2022

Be the leader you wished you had BetaList BetaList Daily ZenLeadr Exclusive Perk Be the leader you wished you had The House of Sounds Everything music ecosystem Vocally Exclusive Perk Create, Host

Issue#50: Building $1K - $10K MRR Micro SaaS around Developers ecosystem

Thursday, June 30, 2022

Welcome to the 378 new subscribers joined this week. Unlock the Pro version (for full content access to 800+ profitable ideas across 76+ niches and community access) Pro subscribers community launched

📂 3x ARPU without decreasing conversions

Thursday, June 30, 2022

​ ​ ​ Today's newsletter is proudly supported by 42/Agency 🙌 ​ ​ When you're in scale-up mode and you have KPIs to hit... the pressure is on to deliver demos and signups. And it's a lot to