1. Home
  2. Discover
  3. Startup
  4. The Space Investor

The Space Investor - 🚀 Cathie Wood Buys $RKLB Dip

View this email in your browser
The Space Scoop
Week Ended 09.22.2023
Happy Friday! Rocket Lab shares continued near-term pain following a launch anomaly, AST SpaceMobile claimed success in 5G mobile cellphone connectivity to BW3, Maxar has split into two entities, and Satellogic reported 1H'23 earnings along with returning to the U.S. Lets dive in.

Market Max-Q

Top Stories
1) Rocket Lab's ($RKLB) launch failure sent shares tumbling again this week. 
  • The Company's 19 consecutive successful launch streak ended, making this the fourth anomaly in 41 flights. The 90% success rate, while not on par with SpaceX, blows away other small satellite competitors.
     
  • The issue stemmed from Electron's upper stage ~2.5 minutes post-liftoff from New Zealand and lead to the loss of a commercial radar surveillance satellite from Capella Space.
     
  • Shares fell -7.5% on the news and closed the week down -12.5%. Another point for those not building space companies in the public domain..
     
  • This follows after the -17% week last week on Peter Beck selling some shares. Positive news to some, Cathie Wood of $ARKX bought the dip this week. Check out the 'Chart of the Week' below for more deets.

2) AST SpaceMobile ($ASTS) claimed success in achieving the first ever space-based 5G cellular broadband connectivity to an everyday cellphone.
  • Company engineers demonstrated the connectivity by placing a call from Maui, HI to a Vodafone engineer in Madrid, ES using AT&T ($T) spectrum and BW3 test satellite.
     
  • They also shared a video this time rather than just a press release.
     
  • Shares rose +8.7% on the news and finished the week higher by +2.1%.

3) Satellogic ($SATL) reported 1H'2023 earnings on Thursday. Highlights include:
  • Cash & Equivalents: $42M
  • Revenue: $3.2M, +33% YoY
  • Net Loss: $(30)M vs. $(8)M
  • Adj. EBITDA: $(24)M vs. $(27)M
  • Shares: -13.1%
     
  • The biggest news is that the company will be re-domiciling in the United States (Delaware) in 1H'2024. Quarterly earning reports here we come.

In Other News
Kayan Space Raises Oversubscribed $7M Seed Extension Round (Company)
The software and solutions for space mission operations startup will use the funding to accelerate commercial delivery of Pathfinder 3.0, its autonomous space traffic coordinate framework. The round was led by Space Capital and EVE Atlas.

Maxar Splits Into Two Separate Entities (SpaceNews)
Following the $6.4B acquisition by PE firm Advent International, the now private company has split into Maxar Space Infrastructure and Maxar Intelligence, with two separate CEOs. The new entities have also downsized and believe the new structure will help generate more growth.

Chart of the Week
ARK Buys the Dip in Rocket Lab: With $RKLB shares falling by double digits in back-to-back weeks, Cathie Wood of ARK Invest Space Exploration & Innovation ETF ($ARKX) stepped in and made her first purchase of a space SPAC in a few months, picking up 207K shares worth $936K. 

Links
• Ten Satellites Incorporating Terran Orbital's ($LLAP) Buses Launch as Part of SDA’s Tranche 0 Mission

• Sidus ($SIDU) Secures Position on Upcoming SpaceX Bandwagon Mission

• Terran Orbital ($LLAP) Announces Pricing of $32.5M Offering

• Momentus ($MNTS) To Provide Delivery Service for Aarhus University Payload

• Viasat ($VSAT) Announces Pricing of $733.4M of Senior Notes

• Spire ($SPIR) Awarded $2.8M Contract by NOAA for Satellite Weather Data

• Intuitive Machines ($LUNR) Files S-1 Prospectus Related to 9.4M Warrants and 14.1M Common Stock

Opinion
• Rocket Lab’s ($RKLB) Recent Setback: Implications and Financial Outlook

• SpaceX Launches a Debate on Monopolies

• Battle of the Funds: Do VC Specialists Outperform Generalists?

• The Artemis Accords: Changing the Narrative From Space Race to Space Cooperation
Forward Forward
Questions? Feedback? Just 'Reply' to this email.
Copyright © 2023

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

Add us to your address book!

Unsubscribe
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

🚀 $ASTR's Reverse Split

Sunday, September 17, 2023

Plus $RKLB shares fall on CEO sale, $MYNA earnings, $SPCE's next flight and more! View this email in your browser The Space Scoop Week Ended 09.15.2023 Happy Friday! It was a tame week for market

🚀 SPACs Issue $500M+ Offerings

Saturday, September 9, 2023

Plus $PL and $SATX earnings, $LLAP new product line, Anduril acquires Blue Force and more! View this email in your browser The Space Scoop Week Ended 09.08.2023 Happy Friday! It was a week of earnings

🚀 MDA Acquires SatixFy UK

Friday, September 1, 2023

Plus $SPIR 1-for-8 reverse stock split, $GSAT new CEO, $LUNR's $20M investment and more! View this email in your browser The Space Scoop Week Ended 09.01.2023 Happy Friday! And Happy Labor Day

🚀 Sidus Acquires Exo-Space

Saturday, August 26, 2023

Plus $MNTS reverse split, $RKLB 40th Electron launch and more! View this email in your browser The Space Scoop Week Ended 08.25.2023 Happy Friday! It was a generally quiet week on the news front unless

🚀 Q2'23 Space Earnings II

Friday, August 18, 2023

Plus SpaceX turns a profit, $SPIR hires a new CFO and more! View this email in your browser The Space Scoop Week Ended 08.18.2023 Happy Friday! Q2 earnings were hot and heavy on Monday and have now

You Might Also Like

🗞 What's New: How 5 vibe-coded games went viral w/out big audiences

Wednesday, March 12, 2025

Also: The definitive AI glossary ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

⏳ 72 hours left! Don’t miss the biggest ecommerce sourcing event of the year

Tuesday, March 11, 2025

This is your last chance to join 9+ sourcing experts LIVE (for FREE!) Hey Friend , Time is running out! ⏳ In just 72 hours, the Ecommerce Product Sourcing & Manufacturing Summit goes live—and if

Positioning Startups in the Age of AI

Tuesday, March 11, 2025

Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here.​ ​Positioning Startups in the Age of AI​ How do you position and

AI strategies for industrials

Tuesday, March 11, 2025

where major players are making moves, and what it means for the future of the space Hi there, AI is top of mind for executives in the industrial sector – and for good reason. The biggest names in

[CEI] Chrome Extension Ideas #181

Tuesday, March 11, 2025

ideas for Twitter/X, YouTube, Email, and Notion ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

$2.7M ARR

Tuesday, March 11, 2025

IRL events coming to TGA ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Why you’re so angry at work (and what to do about it)

Tuesday, March 11, 2025

A practical framework for transforming big feelings into wisdom ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Growth Newsletter #244

Tuesday, March 11, 2025

How not to write a terrible cold email ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

🛎️ Hey Friend , did you get your product costs wrong? (Here’s how to fix it)

Tuesday, March 11, 2025

Do this to lock in the best ALL-IN price from your supplier—no hidden fees, no last-minute price hikes eating into your margins. Hey Friend , Ask Kian Golzari, one of the top product sourcing experts

The next French unicorns

Tuesday, March 11, 2025

+ Arrival shuts down operations; 'another DeepSeek moment'? View in browser Powered by Vanta Author-Martin by Martin Coulter Good morning there, Chinese AI startup Monica has raised alarm bells