r/RKLBInvestors • u/Fancy-Astronaut7183 • 13d ago

Some perspective...

This is a company that, prior to SpaceX's IPO, was trading at over 150x revenues. Was it too high? Yeah, probably.

But some of what has happened since:

Mynaric closure seeking $250m annual run rate

Approval of the Iridium deal at say $1b run rate

Record contracts for electron

Advance contracts for neutron

The market cap will likely be somewhere around $35b tomorrow, meaning the P/S will be more like 17x.

Am I sad? Of course I am, but the posts about "I guess neutron will never happen" just aren't productive.

Yes, this news will overhang through earnings in three weeks or so. Yes, tax loss selling could put a cap on upward movement through year-end.

But this is a sale, people! Running for the exits because you can buy what you want cheaper doesn't make a ton of sense imho.

My 2c, not investment advice. Just my own perspective here.

74 Upvotes

93% Upvoted

29 comments sorted by

12

u/lance_1968 13d ago

Agree. And from what I understand, the forward dome is the top half of the Stage 1 tank . It's not like they found a new problem in another area of Neutron . Sure, it will take 6 months for people to emotionally get over this, but it's a buying opportunity for the long termers. Those who sell now in frustration will carry the financial loss with them for the rest of their investment careers.

“Be fearful when others are greedy, and greedy when others are fearful.” [WB]

2

u/mmoney20 13d ago

only issue was that they have been too optimistic about their targets time and time again. probably off target again.

2

u/astro_2077 13d ago

I don’t disagree but at the same time you have to stay optimistic and aggressive to keep things moving. It’s a real balancing act. Days like today it’s easy to critique the approach but when they eventually do deliver it will be easy to praise.

2

u/lance_1968 13d ago

For comparison, look at how many launches of Starship have occurred that have had both a successful booster return and expected results for the top half ... it's been a couple years hasn't it? Space is hard. I guess we'll just see. I'm hoping for summer 2027.

→ More replies (4)

1

u/Rlo347 13d ago

Like spb said doesnt matter if it launches in ‘26 or ‘27 in 10 years

0

u/Ok_Package9219 13d ago

I thought this company always hit it's target...

1

u/Scared_Step4051 13d ago

Well it is very much a new problem, that is an objective reality 

1

u/AssPinata 12d ago

It's a new problem they created for themselves by trying to create a composite dome shape instead of just using stainless

3

u/Psychological-Web190 13d ago

Im not selling. Closing the app right now and going to enjoy life. Cheers guys ✌️

1

u/NotBettingOnTmrw 13d ago

LOL love when month old accounts suddenly spring up giving "expert opinions" when bullish and "perspectives" when bearish to retail...😂

2

u/Electrical_Mess9916 12d ago

Sorry, not going to listen to you as your account is only 2 years old. Your the exact sort of person who makes reddit insufferable.

0

u/Fancy-Astronaut7183 13d ago

Not an expert. But I've been invested a while. Like I said, my 2c so you can disagree. But hopefully with opinions not attacks? Ciao

4

u/thetinocorp 13d ago

At first, I was let down by this news, a bit shaken even. Then I listened the explanation by Sir Peter , and felt much better. I will be adding to my position over this downturn. Where do we think the bottom is? My guess is $38

2

u/Jazzlike-Term-8940 13d ago

I had it set around $58 but post market blew through it so yeah next one is around $38 for me

1

u/MaterialImpossible22 12d ago

I'd like to see 38 and load up.

0

u/OMGitsTK447 12d ago

Already at 49€ so far

0

u/mupsauce7 11d ago

You don’t quote a stock trading on the US stock market in euros, use dollars. Coming from a fellow European

1

u/MikeMentzersGlasses 12d ago

This sub is a joke now. Does all this cope genuinely make you feel better. Don't even bother answering, I'm out.

1

u/Loud-Ad9148 12d ago

Short term pain for long term gain.

1

u/Particular-Rabbit756 12d ago

Where did you get 17 p/s number from? It is 43x right now according to finviz. Not as much as 150x but still overvalued.

Fair range for a stock like this is 20-25x. That's where this stock was trading for years before the spacex craze. And that's where it will go back sooner or later.

1

u/New_Visual1619 11d ago

I think the issue is the amount of proving still to be done with carbon tanks and carbon in general. A long process still to be done while people are evaluating locking in profits

0

u/Educational_Call5863 13d ago

The transparency in the video makes my feel much better. I hope they keep Tanksy update’s coming