Core Insights - Intuitive Machines acquired Lanteris Space Systems for $800 million, transitioning from a lunar lander operator to an integrated space platform [1] - The company raised $175 million at a share price of $15.12, resulting in a 360% increase in shares outstanding since 2023 [1] - Despite the acquisition, Intuitive Machines reported a Q3 2025 revenue of $52.4 million and a net loss of $10 million, with an adjusted EBITDA of negative $13.2 million [1] Financial Performance - The stock trades at 11 times trailing revenue, significantly higher than the sector median of 2 times [1] - Total debt stands at $371 million, with accumulated losses of negative $397 million [1] - The latest equity raise led to a 15.93% drop in premarket trading on announcement day [1] Market Sentiment - Reddit sentiment around Intuitive Machines has shifted from a quarterly average of 70.2 (bullish) to a weekly average of 57.7 (neutral) [1] - Discussions on Reddit reflect concerns about the company's revenue projections and dilution trajectory [1] - Analyst ratings show seven out of nine covering analysts rate the stock as a Buy, with a consensus price target of $18.89 [1] Strategic Outlook - The acquisition is seen as a move into multi-billion-dollar space programs, with CEO Steve Altemus emphasizing the potential for significant revenue growth [1] - The upcoming NASA Lunar Terrain Vehicle contract decision is viewed as a critical catalyst for the company's future [1] - The price target range from analysts varies significantly, indicating differing opinions on the credibility of the company's pivot strategy [1]

Core Viewpoint - SpaceX is preparing for a confidential initial public offering (IPO) potentially valued at over $1.75 trillion, aiming for a June listing, which would be the largest IPO in history [1][2][3][4]. Group 1: IPO Details - SpaceX plans to submit its draft IPO registration to the US Securities and Exchange Commission in March, keeping it on track for a June listing [2]. - The IPO could raise as much as $50 billion, surpassing the previous record held by Saudi Aramco's $29 billion debut in 2019 [4]. - The company is considering a dual-class share structure to provide insiders, including Elon Musk, with extra voting power [7]. Group 2: Valuation and Market Position - SpaceX's potential valuation of over $1.75 trillion would position it larger than all but five companies in the S&P 500 Index, including Nvidia, Apple, Alphabet, Microsoft, and Amazon [5]. - The valuation reflects the company's recent acquisition of Musk's AI startup xAI, which valued the combined entity at $1.25 trillion [3]. Group 3: Business Operations and Future Plans - SpaceX is the leading rocket launcher, focusing on building a base on the moon and pursuing missions to Mars, while also providing internet services through its Starlink satellite system [8]. - The company is preparing for a possible IPO in 2026 to fund its ambitious projects, including a high flight rate for its Starship rocket and AI data centers in space [6]. Group 4: Financial Partnerships - SpaceX has engaged major financial institutions, including Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley, for senior roles in the IPO [7].

And now some breaking news crossing the wire, this involving Elon Musk's SpaceX X Company. We're now learning based on people familiar with the situation that SpaceX is targeting, a filing is targeting filing confidentially for an IPO as soon as next month. On that byline, Ryan Gold, Kyle Porter, Eric Johnson.And look at this. Bailey Lipschultz is sitting right to my left. So, Bailey, we're just going to turn this to you.This is probably one of the most awaited IPOs. What do we know. One of those waiting pe ...

HEICO (NYSE:HEI) Q1 2026 Earnings call February 26, 2026 09:00 AM ET Company ParticipantsCarlos Macau - Executive Vice President, Chief Financial Officer, and TreasurerEric Mendelson - Co-Chairman of the Board and Co-Chief Executive OfficerJonathan Siegmann - Managing Director, Equity ResearchLouis Raffetto - Senior Vice President, Equity ResearchMax Miller - Equity Research Associate, Aerospace and DefenseScott Mikus - Vice President, Equity ResearchSheila Kahyaoglu - Managing Director, Equity ResearchVict ...

Microsoft on Tuesday unveiled a partnership with SpaceX’s Starlink to expand internet connectivity around the world – signaling its openness to working with Elon Musk’s companies despite the exec’s feud with OpenAI, with which Microsoft has a strategic partnership.The world’s richest person has been engaged in a heated legal battle with OpenAI co-founder Sam Altman – demanding $134 billion from both Microsoft and OpenAI and saying he deserves the “wrongful gains” reaped from his early support of the start-u ...

Core Insights - Microsoft is collaborating with SpaceX's Starlink to enhance global connectivity, particularly in Kenya, where they aim to connect 450 community hubs [1][2][3] - This partnership signifies Microsoft's willingness to work with Elon Musk's ventures despite ongoing legal disputes involving Musk and OpenAI [2][3] - Musk is pursuing a legal claim against OpenAI for approximately $134 billion, highlighting the financial stakes involved in the AI sector [3] Company Developments - SpaceX is reportedly merging with Musk's xAI startup, which has developed the Grok AI model and chatbot, indicating a strategic move to integrate AI capabilities [5] - Microsoft has previously integrated support for Grok models into its Foundry cloud software, showcasing a commitment to AI-infused applications [5] - Microsoft has set an ambitious goal to provide internet access to over 250 million people by the end of 2025 and has already extended coverage to over 299 million people [6]

HEICO Corporation (NYSE:HEI) is one of the Best Aerospace and Defense Stocks to Invest In Right Now. On February 5, HEICO Corporation (NYSE:HEI) announced that its subsidiary Wencor Group acquired EthosEnergy Accessories and Components. ​Management believes that this deal will enhance the company’s position in repairing engine parts for aviation and industrial uses within a year. EthosEnergy Accessories and Components was founded in 1979 and specializes in repairing engine accessories and components for a ...

16 February 2026 | 5:52AM GMT Equity Research The discussion explored two key themes: 1) space data centres, which do not yet exist but could become viable, and 2) satellite connectivity as a telco service, which is already in action. In the longer term, space datacentres appear an increasingly likely reality. More relevant today, our conversation suggests the extent of investor concerns on satellite competition to telecoms and towercos are overstated - as we wrote in our 2025 satellite/telco report. Satell ...

We’ve talked about several of the “SpaceX Backdoor” plays in the past, but there’s a new ad from Mark Skousen that particularly pitches a couple, and our beloved Gumshoe readers are asking, so I thought we’d get you some answers… This one caught my eye, in part because — in a little bit of a surprise — Mark Skousen retired from his longtime publisher, Eagle Financial, and is no longer helming Forecasts & Strategies, which was one of the pioneers in the newsletter space (he ran it from 1980 until, well, now, ...

Core Insights - Robinhood Ventures Fund I is raising $1 billion by selling 40 million shares at $25 each, with 35 million shares from the fund and 5 million from Robinhood, indicating a significant move to provide retail investors access to high-profile companies like SpaceX and Stripe [5][25] - The closed-end fund market has been relatively dormant, with only 46 new funds launched since 2019, and the first IPO this year raised just $53 million, highlighting the challenges in this investment space [1][25] - The fund will not pay regular dividends and only considers distributions if excess cash exists, charging a 2% management fee, reduced to 1% for the first six months after IPO [3] Investment Opportunities - Investors can gain exposure to companies like SpaceX and Databricks through the fund, which already owns shares in these firms, allowing them to benefit from future IPOs or sales [4] - The fund's structure allows for trading based on sentiment and liquidity rather than just net asset value, which can lead to premiums or discounts in pricing [2][3] Market Dynamics - The sentiment, liquidity, and supply-demand dynamics will heavily influence the trading of the fund, making it essential for investors to understand these factors [2] - The fund's approach to investing in high-profile tech companies provides retail investors access to opportunities typically reserved for institutional investors [4]