To the Moon? Intuitive Machines
techcrunch.com/2022/09/16/intu...
https://www.intuitivemachines.com/space-infrastructure
Honestly, I groaned when this article popped up in my Google feed. Though Intuitive Machines going public via the Inflection Point Acquisition Corp SPAC could be very interesting. A quick read of Intuitive Machine's website shows the (very) long term promise of this company. They provide key services: (1) Transportation to the Moon [e.g. launch services for payloads] and on the surface (2) data and communication services (3) habitats where people would live which would be necessary for industrial activitiy & long term occupation of the lunar service. Personally, I think point #3 could be a stretch in terms of execution but services (1) and (2) alone make this one a speculative but good long-term " pick and shovels " play. Currently tracking & will open a small position at a reasonable price.
https://www.intuitivemachines.com/space-infrastructure
Honestly, I groaned when this article popped up in my Google feed. Though Intuitive Machines going public via the Inflection Point Acquisition Corp SPAC could be very interesting. A quick read of Intuitive Machine's website shows the (very) long term promise of this company. They provide key services: (1) Transportation to the Moon [e.g. launch services for payloads] and on the surface (2) data and communication services (3) habitats where people would live which would be necessary for industrial activitiy & long term occupation of the lunar service. Personally, I think point #3 could be a stretch in terms of execution but services (1) and (2) alone make this one a speculative but good long-term " pick and shovels " play. Currently tracking & will open a small position at a reasonable price.
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SPAC Central
| Created By: | Maverick |
| Created: | Jun 21, 2020 |
| Total Followers: | 7 |
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SPACs ("Special Purpose Acquisition Companies") are blank check companies that have cash in them and are seeing a target to acquire. These can be fun because it's a 🕵️♀️ game of who they're going to acquire. It can be profitable if the target company ends up being something in a hot space.
Make sure to do your DD on management behind the SPAC, cash position, and target sector.
Make sure to do your DD on management behind the SPAC, cash position, and target sector.