Zaid
๐ค SpeakerAppearances Over Time
Podcast Appearances
In fact, the three main companies involved in the Artemis II mission were Boeing, Lockheed Martin, and Northrop Grumman, and these companies haven't gotten the same level of hype as a native space company has.
In fact, Northrop Grumman and Lockheed Martin stock have mostly been flat since the mission launched.
Wall Street seems to be more enthusiastic about the up and coming disruptors and not the incumbents.
And you know, I wonder if that ends up being the right call long-term.
So what's my take here?
I just want to start off by saying that space is cool, and I'm glad that we're doing cool space stuff again.
Watching the Artemis II launch with my kids and seeing all the high-res pictures of the moon is awesome, and I can't wait for astronauts to actually land on the moon in 2028.
But I got to say, as an investor, I'm still hesitant to jump headfirst into space stocks.
A lot of these space stocks are still very speculative and pre-profit.
I mean, even the SpaceX IPO at a $1.75 trillion valuation seems frothy to me.
But look, the trend is undeniable that space is the next frontier and area of growth.
But personally, I'm just waiting for some of the hype to cool off before jumping in as an investor.
In the meantime, I can't wait to watch more rocket launches and space missions from NASA and all these space companies working on this stuff.
Well, all right, guys, that's it for today's weekend deep dive.
Hope you guys enjoyed that one.
If you did, let me know in the comments on Spotify or YouTube on if you're excited about the SpaceX IPO, if you plan to invest in it.
Do you own any other space stocks?
Drop your comments on Spotify and YouTube.
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