The International Telecommunications Union (ITU) is always suspicious of what it calls “paper satellites”, where an operator files for certain orbital spectrum in order to secure transmission rights to the frequencies. The ITU sets strict term limits on such filings and where the applicant has very tight deadlines to meet. However, a filing by China […]
One of SpaceX’s key targets for growth and profitability is its AI division. Last week’s IPO delivered the cash needed for SpaceX to make further investments. Analyst Brett Winton from ARK Invest (ARK) has examined the likely future process for SpaceX and its prospective return on capital. In ARK’s view, SpaceXAI’s listing launched one of […]
The trading in SpaceX shares are as buoyant as ever. On June 15th its shares finished the day at $192.50 (€165.82), up 19.6 per cent during the day. The shares were offered to investors on June 12th at $135 per share. More than $80 billion of shares have changed hands since then. The company’s valuation […]
An oversubscribed IPO and an opening day that saw the already healthy share price rocket by almost 30 per cent proves that the market remained hugely confident of Elon Musk’s business. SpaceX now has a value of some $2.1 trillion (€1.8tn). But rocket launches and Starlink broadband might not be enough to propel the business […]
A report on Polish TV (TVP World) which included an interview with Major General Michael Traut, the head of Germany’s Space Command, said Moscow may be developing technologies that could allow it to place a nuclear warhead in space. Traut also pointed to recent manoeuvres by Russian Kosmos satellites near ICEYE-36, a radar satellite operated […]
Eutelsat shares (listed in Paris and London) have been volatile of late. One month ago, they were trading at €4.55, but then they started a steady decline as profit taking prompted a reduction in value. By June 10th this meant that Eutelsat shares had fallen to about €2.79. But June 11th saw a recovery, finishing […]
In the latest issue of Euromedia we take the temperature of the FAST business. Guess what? It is running very hot. There are hundreds more channels streaming out thousands more hours and carrying tens of thousands of ads. And viewers? Of course there are viewers, but enough to go around? The major platforms, Prime Video, […]
A report from Sam McHugh, senior analyst at BNP Paribas Equity Research, asks: ‘How disruptive could Starlink be in broadband globally, and specifically in the US?’. “In this note we unveil findings of new US STAMP survey data, combined with work on the capacity and economics of SpaceX’s broadband business, to shed light onto its […]
Roth Capital Partners, a privately-held investment banking business, in a report on would-be satellite-to-cellular operator AST SpaceMobile, says it has roughly a two-year head start in the D2D market versus Starlink. Roth Capital analyst Scott Searle says that while SpaceX’s (SPCX) space and satellite operations offer attractive economics and “validation of various communications opportunities,” the […]
There are numerous reports that enthusiasm for the SpaceX IPO means that the offer is more than 2-times oversubscribed and that applications have closed. Elon Musk, in a SpaceX interview on June 8th, has given guidance on what the newly funded business is planning over the next few years. A recent test flight of its […]