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 […]
Earlier this month, we broke down the upcoming public offering from Rocket Lab, which is really the only private space company other than SpaceX that is consistently conducting commercial launches. They also share one other key element – both companies believe reusable rockets represent the future of the commercial launch industry. And they’re not alone. […]
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 […]
Companies that go public without revenues significantly underperform the market. At least, that’s what University of Florida professor Jay R. Ritter thinks as his research shows that a company with no revenues will underperform the market by nearly 30% over the first three years of trading (hat tip to StrictlyVC.) Then, there are special purpose […]
All eyes turned to Mars this month in the ongoing race to find life on the Red Planet, with missions from the United States, China, and the United Arab Emirates all converging in February. The next step to conquering the galaxy is to build a rocket to Mars that can carry humans there and back […]
With special purpose acquisition companies (SPACs) coming out of the woodwork, we’re having a hard time deciding what to cover. In nearly all cases, our “coverage” involves telling our readers what shite SPACs are and pointing out all the red flags, hyped share prices, and lack of adequate information to make an informed investment decision. […]
Say what you want about Elon Musk, but he should be commended for not kowtowing to the small minority of soon-to-be unemployable tech workers who think they were hired to push activist agendas. Mr. Musk is too busy executing against his own agenda, which is to secure mankind’s future by making inter-planetary travel a reality. […]