Hey there, enjoyed this week’s article! I’d love to chime in about the NewSpace decline section--I’ll point out the 2nd link Article is an opinion piece written by a professional who’s career has largely been in government relations. To me, that article has a predictable and understandable bias to it, and while an interesting perspective, certainly isn’t hard hitting factual journalism.
The broader fact you discuss that investments in new space are lower this year than they were at their peaks a few years back to me seems a natural and expected part of this nascent industry’s growing pains. Similarly, the SPAC route fell out of favor a year ago, and the struggles the companies that went that direction were pretty predictable, and we’re seeing that play out accordingly now.
I think it’d be super interesting (if it fits in your planned topic coverage of course!!) your view of new space investments over the last ten years or so and this year’s dip relative to where space investments were pre-SpaceX, and what sorts of market environment factors have affected it.
Thanks for the comment! You make a fair point, and to be honest I did have some doubts about linking the article for the reasons you raise here. So thanks for adding the context!
I would broadly agree with your second paragraph as well. The current situation should definitely be seen in the context of the growth cycle. I'm not an expert on investments, but I do think the current drop in investments was predictable (NewSpace is after all very speculative in many ways, and investors are bound to be more cautious when the economy is more shaky). That said, I'm optimistic about the future of NewSpace. There are several companies that are doing well and still make for good investments.
It is something have been considering writing about in more depth! No promises, but I will try to fit it in somewhere.
Sorry, new user her and i had no idea you couldn’t go back to edit comments! It’s not the 2nd link, it’s the 3rd in that section “NewSpace appears to be losing out”
Hey there, enjoyed this week’s article! I’d love to chime in about the NewSpace decline section--I’ll point out the 2nd link Article is an opinion piece written by a professional who’s career has largely been in government relations. To me, that article has a predictable and understandable bias to it, and while an interesting perspective, certainly isn’t hard hitting factual journalism.
The broader fact you discuss that investments in new space are lower this year than they were at their peaks a few years back to me seems a natural and expected part of this nascent industry’s growing pains. Similarly, the SPAC route fell out of favor a year ago, and the struggles the companies that went that direction were pretty predictable, and we’re seeing that play out accordingly now.
I think it’d be super interesting (if it fits in your planned topic coverage of course!!) your view of new space investments over the last ten years or so and this year’s dip relative to where space investments were pre-SpaceX, and what sorts of market environment factors have affected it.
Thanks for the comment! You make a fair point, and to be honest I did have some doubts about linking the article for the reasons you raise here. So thanks for adding the context!
I would broadly agree with your second paragraph as well. The current situation should definitely be seen in the context of the growth cycle. I'm not an expert on investments, but I do think the current drop in investments was predictable (NewSpace is after all very speculative in many ways, and investors are bound to be more cautious when the economy is more shaky). That said, I'm optimistic about the future of NewSpace. There are several companies that are doing well and still make for good investments.
It is something have been considering writing about in more depth! No promises, but I will try to fit it in somewhere.
Thank you for considering the idea, I’ll just be over here waiting with bells on if you do!!
Sorry, new user her and i had no idea you couldn’t go back to edit comments! It’s not the 2nd link, it’s the 3rd in that section “NewSpace appears to be losing out”