Planet Labs' biggest asymmetry is being ready to move when large opportunities arrive, with a $1.5B ATM already in place. Its Owl-class satellite bus is being used for Google's Project Suncatcher space computing tests, and management sees about $1B of near-term satellite services opportunities in quarters, not years. Q2 revenue grew 58% and adjusted EBITDA of ~$13.9M beat guidance, but part of the beat pulled Swedish satellite revenue from Q3, Q3 guidance missed, and ~14x sales isn't cheap. … Show more

Planet Labs stands to gain from Google's first in-orbit test of its TPU AI chips, because Google holds a stake in Planet Labs and space-based compute could sidestep electricity, one of AI data centers' biggest constraints. Project Suncatcher M1 put four Trillium TPUs aboard SpaceX's Transporter-18 mission. Cooling, radiation and laser links remain huge challenges, and costs are high for now. Fundamentals outweigh the weak chart here. x.com 

Planet Labs should offer immense value as the number one player with the best network, but management keeps failing to unlock it. As a public benefit corporation, it is not permitted some forms of monetization. It needs to get its act together and focus on revenue, and with no visibility on when or if that happens, caution is warranted. x.com 

Planet Labs holding its gains in a psychotic market is remarkable, and it should go much higher once conditions normalize. It has delivered four monster earnings reports in a row and never broke its 10-week moving average. x.com 

Satellogic has much higher upside than Planet Labs, with an inflection point likely later this year when it launches its Merlin satellites. Replying to @Kaizen_Investor's Planet Labs deep dive, Satellogic is the preferred name between the two. x.com 

Planet Labs is not yet a buy after its 24% drop because a newly announced $1.5 billion at-the-market offering hangs over every bounce. Filings will show how much is sold: light use of $100-200 million would limit the overhang, while aggressive early selling would mean more downside. The $28-30 zone, about 24x forward revenue on the new $433 million guide, is still rich but closer to fair for high-growth space and defense names, and a retest of $25 would be an excellent entry. x.com 

Planet Labs holds an unmatched Earth-observation data asset for defense and commercial customers. x.com 

Planet Labs should go back to at least $50 because its drop on a $1.5B ATM, about 12% of market cap, was an overreaction given its market position and strong financials. It runs the largest commercial Earth-observation fleet, imaging all land daily, with a 10-year-plus archive rivals cannot recreate, sold via 99% recurring subscriptions and sovereign deals. Revenue grows 41%, backlog is $906M, up 72%, and it is disrupting Airbus's dominance, on track to lead space imagery. x.com  x.com  x.com 

A stronger SpaceX could lift the wider space-stock basket, including AST SpaceMobile, Rocket Lab, Redwire, Planet Labs, Intuitive Machines, Firefly Aerospace and Voyager Technologies. Per DeItaone, JPMorgan raised its SpaceX price target from $240 to $500 while maintaining Overweight. The seven space stocks rose alongside SpaceX after hours. Their initial post-IPO selloff was followed by macro-driven weakness, not further weakness caused by SpaceX. x.com  x.com  x.com 

Planet Labs is becoming a mission-critical defense asset as geopolitical competition drives demand for daily global monitoring, with defense and intelligence revenue up over 65% in Q1. It won a $10M+ NGA contract extension for maritime awareness and large sovereign imaging deals with the Czech government, Greece and Sweden's defense ministry. New high-resolution Pelican satellites with sub-minute revisit should lift revenue per user, and 99% of annual contract value is subscription-based. x.com