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So $SPCX is down 35% from the highs.
Spent sometime looking at ways to express the bet on ‘launch’ with 300+ this year & thousands of satellites alongside.
Tickers for ‘launch’, marketcap & how much they’re off the highs
SPCX $1.93T -36%
BA $168B -13%
LMT $123B -25%
NOC $76B -30%
LHX $54B -23%
RKLB $51B -46%
FLY $4B -67%
AVIO €1.5B -51%
Everyone is sleeping on space.