Launch capacity shortage drives space sector re-rating
The space sector is undergoing a major valuation re-rating because falling launch costs have unleashed unprecedented demand for satellite deployments, creating a lucrative bottleneck for rocket launch providers.
The argument
The speakers noted that companies like Rocket Lab are seeing massive valuation increases because there is currently not enough launch capacity to satisfy the hundreds of thousands of satellite applications filed with regulators.
The thesis, stress-tested
✓ What validates it
- ✓Rocket Lab hitting its target launch manifest frequency
- ✓Securing multi-launch agreements with commercial satellite constellations
▸ Risks discussed
- ▸Launch failures or technical delays
- ▸Intense competition from SpaceX's dominant launch cadence
Hear it yourself
"Just the idea of being able to three d print organs using your own stem cells, bring them back to Earth, and you don't have to worry about whether your body is going to take the liver transplant. Like, this is on the horizon. It's coming much sooner than people realize. And there is a huge business and investor case around all of it and unlocking all of it. And I think that's a key piece of the SpaceX story is space what SpaceX has done to drive down launch costs and allow more of these companies to access space to do more of these things to benefit humanity, that is the moat at SpaceX. Even if it's not a big part of valuation today."
AFFILIATE LINK · ZORTIX MAY EARN A COMMISSION · NEVER A RECOMMENDATION TO TRADE