Fugazi Research said many listed space companies generate little revenue, rely heavily on stock offerings to fund operations, and remain years away from proving the commercial viability of their business models.
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Stocktwits64d agobearish
ASTS, RDW, RKTO, SIDU, MNTS, SPCE Stocks In Focus As Short Seller Says Space Sector Faces Reality Check After SpaceX ListingStocktwits64d agobearish
MNTS Posts Biggest Single-Day Fall This Year – What’s Driving Today’s Sell-Off?The company said it will raise the $25 million through a registered direct offering with new and existing institutional investors.
Barchart70d agobearish
Intuitive Machines Is Selling Off Before the SpaceX IPO. It’s a Much-Needed Reset for LUNR Stock.Intuitive Machines has pulled back roughly 28.6% from its recent 52-week high amid a broader space sector selloff ahead of the anticipated SpaceX IPO.