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@Ok_West_5560 3 weeks ago

Rundown on 5 space infrastructure stocks since we can't buy SpaceX

Rundown on 5 space infrastructure stocks since we can't buy SpaceX

Everyone wants SpaceX exposure, but since it isn't public, the real action is in the infrastructure companies powering the orbital economy. Here is a look at five publicly traded options handling everything from satellite internet to lunar deliveries. **Iridium Communications (IRDM)** This is the only consistently profitable operator on the list, boasting a 30.9% operating margin and paying a dividend. On January 6, all 10 board members purchased over 132k shares, which is a strong signal. It seems to be the stable, lower-risk play here. **Rocket Lab (RKLB)** Rocket Lab posted 48% revenue growth in Q3, the highest among the group. They beat earnings estimates but are still burning cash as they develop reusability to compete with Falcon 9. Analysts seem bullish on the trajectory despite the losses. **Globalstar (GSAT)** Known for the Apple emergency SOS partnership. While this validates their tech, the stock trades at a high premium (30x revenue). The main risk is dependency - if Apple switches providers, the thesis falls apart. **Intuitive Machines (LUNR)** This is a volatile bet on NASA contracts and the commercial moon economy. They missed estimates badly in Q2 but narrowed losses in Q3. It is high risk if lunar budgets stall. **EchoStar (SATS)** The stock is up over 300% recently after a massive $42.6B spectrum sale. Financials are currently messy due to transaction costs, but the market is pricing in a best-case outcome for their new capital position.
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