If you can figure out what motivates someone, you’re in a much better position at the negotiation table. In the case of special purpose acquisition companies (SPACs), you have three stakeholders at the table – the sponsor who gets paid millions if any deal gets done (sponsors have seen average returns of +958%), the company […]
When Elon Musk decided he wanted to send the first rocket to Mars, he went rocket shopping. That’s when he found out the price of a rocket was astronomical, yet materials only accounted for 2-3% of the cost. So, he decided to build his own rocket and SpaceX was born. The end result is a […]
A small German stock is flying under the radar with a revolutionary technology that enables satellites to communicate using lasers. You can get on the ground floor with this small space company that may be on the cusp of capturing billions of dollars in opportunity. Two high-profile U.S. government contract wins mark a turning point […]
Arthur C. Clarke once said “two possibilities exist: either we are alone in the Universe or we are not. Both are equally terrifying.” Space has always had an allure that’s attracted investment dollars from billionaires and retail investors alike. For the latter, so far it’s been slim pickings. Old school satellite operator stocks aren’t very appealing and the space ETFs on offer are […]
Back in 2018, Elon Musk sent his own Tesla Roadster into orbit on the Falcon Heavy test flight. Questions were raised as to whether or not the stunt was essentially throwing automotive waste into space, and the brainy experts and armchair jockeys began arguing about whether the car would pose a risk by interfering with […]
We recently reviewed the portfolio in ARK’s new space-themed ETF and found the list lacking. We’ve been similarly disappointed in other ETFs that claim to offer investors exposure to a big basket of space stocks but turn out to be just the usual collection of technology stocks. We’ve only been able to find one space […]
Space stocks are like blockchain stocks. You really need to stretch the definition in order to come up with a list big enough to put together an ETF. Some tech themes like fintech or robotics actually have enough constituents to build an ETF. But even then, providers can rarely agree upon what stocks to include. […]
Only a few movie sequels ever truly succeed. One exception is “The Empire Strikes Back,” which every Star Wars fan knows is the best film of the series. The investors who backed the film would also agree, as it grossed about $550 million worldwide in 1980. In today’s greenbacks, that’s more than $1.7 billion when […]
For retail investors, the biggest barrier to entry for investing in any technology thesis is the availability of pure-play stocks. That usually changes when a startup becomes publicly traded. At that time, lots of the industry’s main players will be privately held, so it’s challenging to figure out how threatening the competition is. Then, you […]
“Free of IPO constraints, SPACs can make ‘absurd’ financial projections – and this hedge fund manager says the fallout is coming.” That was the title of a recent article by Institutional Investor that warns about how the SPAC market often contains “pump and dumps” where investors who participate are buying “incredibly overvalued companies.” We can’t […]