Good insight, Case. EO space SPACs are fun to watch, and good to see BKSY executing. For me the big story is still RKLB as they continue to execute. Keeping a close eye on them and the next few quarters as Neutron takes shape. Also waiting to see if there is some consolidation coming soon on the M&A front
The defense primes are actually not “space stocks” because, at most, 20% of their revenue is from Space. In fact, if you look at Boeing, defense overall is maybe 15% of their market cap.
It would be interesting to do the math on how much of their market cap is attributable to their actual space business.
Good insight, Case. EO space SPACs are fun to watch, and good to see BKSY executing. For me the big story is still RKLB as they continue to execute. Keeping a close eye on them and the next few quarters as Neutron takes shape. Also waiting to see if there is some consolidation coming soon on the M&A front
The defense primes are actually not “space stocks” because, at most, 20% of their revenue is from Space. In fact, if you look at Boeing, defense overall is maybe 15% of their market cap.
It would be interesting to do the math on how much of their market cap is attributable to their actual space business.