The selloff in smaller space stocks after SpaceX's IPO is an opportunity: it was mechanical rotation into the new benchmark, not a rerating, as Rocket Lab was sold the week it joined the Nasdaq 100. Satellites bill monthly for years while rockets get paid once; AST SpaceMobile stands out with approval and launch cadence. SpaceX is the core holding, Rocket Lab's Neutron the second-mover bet; Firefly, Virgin Galactic and Momentus are lottery tickets or survival cases. Suppliers are ballast. x.com  … Show more

Rocket Lab, AST SpaceMobile and Intuitive Machines are priced as if they had already colonized the solar system, so they look headed one way once the hype rally ends. Together they carry an $82 billion market cap on $883 million of revenue and no profits, while burning cash heavily. Reusable rockets are a cost-reduction story rather than a giant leap. Their long-term potential may be real, but that future is 20-30 years out and does not justify today's valuations. x.com  x.com  x.com  x.com  x.com  … Show more

Momentus, the smallest pure-play space stock at under $7M of market cap, is a terrible investment but can make one of the best trades in a space mania. x.com 

AST SpaceMobile and other space stocks remain far too expensive, valuing an expectation that may never become reality. Many space stocks have crashed 50% yet still trade at 40x to 250x sales, AST at 250x, and could fall another 50% with no real value; the space economy is more science fiction than reality. @RosannaInvests argues AST is a cellular connectivity company whose carrier contracts could become recurring revenue. A 70% crash might make the risk worthwhile. x.com  x.com  x.com  x.com  x.com 

Space stocks such as Redwire and AST SpaceMobile have run too far on retail chasing and look like shorts into the SpaceX IPO. Government contracts are already priced in, and the stocks price years ahead while ignoring execution risk. The SpaceX IPO should absorb more liquidity as institutions sell the news, leaving retail holding the bag. AST SpaceMobile is the second-biggest space short after EchoStar; sell space stocks before IPO day, though the broader market can stay steady through July. … Show more

Momentus' $25M raise reads better than the dilution headline, because it gives the microcap real runway and fresh institutional backing. It leaves about $76M in cash after years of living raise to raise, came from existing fundamental investors adding to positions, and was priced around $8.50, above the $3.75 and $5.40 deals earlier this year. The caution is real: it is close to 30% dilution in a thin-revenue, high-beta name. The stance is cautiously bullish for those who can handle the swings. … Show more

Momentus looks like an easy 2x because every space computing satellite eventually needs repositioning, servicing or hosting, which it handles well. It just completed a successful Vigoride 7 launch, the market has not priced in its debt-free, strong balance sheet, and dilution is out of the way. The space sector is climbing again after a pullback when Blue Origin's rocket exploded, and Nvidia's Jensen Huang has called space computing the final frontier. Next resistance is $26. x.com