Stories tagged “Space Industry.”
4 stories
SpaceX reported booming revenue and shrinking losses in its first quarterly earnings report as a publicly traded company, with its Starlink satellite division doubling subscribers to 12 million.
India's first privately developed orbital rocket, Vikram-1, successfully launched on Saturday, carrying customer payloads and in-orbit experiments. This milestone makes India the third country to achieve orbital launch capability through private enterprise, after the US a…
Rocket Lab acquires Iridium Communications, shifting towards space services with recurring cash flows. The deal dilutes growth rates and leverages an expensive stock, raising integration and valuation risks.
SpaceX's stock valuation may be affected by its lockup schedule, Q2 and Q3 earnings, and potential new share issuance. The author predicts the stock will trade at $150-$160 per share by the end of 2026.