SpaceX IPO Hype And The Pitch

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Well while everyone's obsessing over the SpaceX's IPO at about $2 trillion valuation, I'm gonna give you four already listed space docs that could deliver massive returns before SpaceX even goes public. Because what you want to ask yourself is this by the time the SpaceX IPO happens, are the best returns already gone, or is there maybe more in this? We're gonna cover that. My name is Felix, I'm an ex-investment banker. And in 2021, I bought Palantir about $20 a share, and everyone else said it was overvalued. And that position is up, I don't know, 500% today or something. And I'm not saying that to show off. I'm saying that because I have a system for how to identify asymmetric opportunities, which means things that if they go up, they could go up 5x, 10x, right? And right now, the space economy is setting up to be one of the biggest wealth creation events of the next decade. But you need to know where to look and how to look. I'm not talking about the obvious names like Rocket Lab or AST or something like that. Everybody already knows about that. So we're gonna go deep on those four stocks. We'll also touch upon whether it's a good idea to buy the SpaceX IPX. And I'm gonna do something more for you. I've actually put together a complete breakdown of the SpaceX IPO, including all the stocks that we're gonna cover in this. And it'll show you four space stocks that most investors have never heard of. Sort of undiscovered opportunities that could do really, really well if you know how to handle it, and if you get to how to handle the risk side of that. And that's very, very important. But before we dive into those four stocks, we need to talk about, and there's uh timestamps, you can jump around if you must.

Why IPOs Often Burn Retail

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We need to talk about what's really happening with SpaceX. So everyone's really excited about the IP. It'll be huge. And I totally get it. SpaceX is definitely the most important space company in the world. Starship is incredible, Starlink is printing money. Starlink will be like being the internet and mobile phone provider for the entire fricking globe. So that could be a $10 trillion company, right? But what Wall Street doesn't really want to know is that when a company like SpaceX goes public, the IPO is not designed to make you money. It is designed to make the early investors rich. Think about it. SpaceX has been around for 20 years. The private equity guys, you know, know of some of them, they're already in there. They've made a hundred X returns. 100 X returns. So they put a million dollars into it, they're sitting at 100 million. They put 10 million dollars into it, they're sitting at a billion dollars. But the money is locked up because it's not a publicly trading stock. They can't access the money. They just look rich, but they are not really rich, right? So the IPO is the exit. I mean, I mean exit, that's exactly it. They're selling. They're selling their shares to you. That's what Wall Street calls exit liquidity. That's what they call you and me, the retail investors. And it's exactly what's happening with companies or happening with Uber and Lyft and WeWork. They went public at massive valuations, the insiders cashed out, and then retail investors bled for years. And I'm not saying that SpaceX is a bad investment. I actually think it's a very exciting investment. But I let me show you what happens. So if this is your timeline, this is day zero, this is the IP, uh, excuse my handwriting, I'm writing with a mouse. What happens is that six months into this, when I'm going to use a text here, six months into it, something called the lockup period ends. Then I've been there, I've invested in private equity, and then it did an IPO, and then what did I want to do? I wanted to sell because I'd been in this thing for a few years and I wanted to lock in my gains. So what happens at six months? So whether the stock price, you know, whether it goes up and there's nothing or whatever, at six months, all the institutional money you can sell and wants to sell, they sell. So you typically get a pretty big dip. So that is the biggest risk. It is that six-month theory. Because in the first six months, you're not allowed to sell. And again, I've been there, it's very, very painful. Because you watch the stock go up and then go down. It's really frustrating because you want to sell and then you know you set on the six-month mark. And yeah, SpaceX fundamentals are pretty strong, but it's listing at like a trillion and a half or maybe two trillion dollars. So even if they do everything perfectly, you're looking at maybe a 2x return over a period of time. This is solid, but it isn't life-changing unless you have a lot of money to invest. Now, the companies I'm going to show you, these are already listed right now. So they've been through the exit pain point. And they're companies that build the rockets, the space stations, the hardware that'll power the space economy. And most of them are valued at a couple of billion dollars. So if one of them becomes a dominant player in their niche, this could potentially 10x, 20x, maybe even more. So that's the difference here with very, very large companies where the smart money has already made all their money, and then smaller, niche companies where the opportunity is actually greater. And these guys don't compete with SpaceX. They need SpaceX to succeed because SpaceX lowers the launch costs, it opens access to space, it creates the foundation and the hype for the entire economy. So SpaceX

The Six-Month Lockup Dip Risk

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wins or the space companies win. So let me show you these four companies. I'm going to walk you through them. I'm going to show you the fundamentals. I'm going to show you the stock charts, even. Don't be scared of stock charts, a lot of useful information in there. But if you're sitting there thinking, I would really like to have some 20 to 50 X returns. I'm not promising those. But if you want to know what drives a company to those returns, then I'm going to teach you that. Not here, because it would take me like an hour and a half or two hours, but on the weekend, like for the first time ever, and probably the first time ever, and the last time ever, I'm running a free workshop on the weekend. It's called How to Find 10x Return Stocks or 10, you know, multi-baggers, as people call them. And I will literally break down Wall Street's rules for how we find them, how we identify them. And it's pretty simple to learn. It's literally something you can learn in like an hour or two if you join me live. So grab yourself a free ticket. There is a link down below. I think it's called 10xreturns.org. And all you need to do is be on time, take some notes. And if you're hoping for a replay, it isn't going to happen. Um I spend quite a few hours working on that workshop already, and I'll do some more as I'm flying for the next 12 hours after this here. And I'll work on that because I want to make that really, really valuable for you. But so so show up for it because it'll be probably the last time we do that. And just having one of these 10Xs can actually change your outcomes and your life completely, which is which is the cool thing. So we're going to look at four stocks there. I'll put them on the screen already. Uh I don't want to hold you hostage. And let me walk you through one

Redwire And Space Infrastructure Picks

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by one. Red wire is sort of the picks and shovels of the space. Kick assimiless RDW. And if you remember the California gold rush, you're probably not that old, but you never know. Um, the people who make money were selling the pics and the shovels and the genes to the miners. So red wire is that picks and shovel play. What do they actually do? Space infrastructure, what the heck does that mean? Well, they built the hardware and the systems that make everything else in space possible. So solar arrays, antennas, sensors, robotic systems, and in-space manufacturing technology. So if you think about it this way, every satellite needs power, every spacecraft needs antennas, every space station needs structural components, and red wire builds all that. So they don't need to launch rockets or land on the moon. They just need space activity to increase because everybody needs their hardware. And their solar arrays or in the International Space Station right now that power the entire station. Their 3D printing technology has been operating in space. So you can make stuff in space. They make star trackers, sun sensors, composite booms, all the kind of core stuff that every spacecraft needs. So why now? Well, we're entering a period of massive space build-out. There's the Artemis program of NASA that needs hardware for the lunar missions. The Department of Defense is investing billions in space capabilities. Commercial companies are planning private space stations to replace the ISS. And these guys are going to supply them all. So they've got relationships with NASA, the Department of Defense, commercial space companies. And 60% of their money comes from the government, which is pretty good because it's usually a pretty stable business. Now, is it a good business? Well, if we go into the Winston app here, named after my golden retriever, and first of all, we look at all of these companies here, and you'll see that they've all got pretty poor scores. So every score companies have 100%, pretty terrible. Why is that so terrible? Because it's very early. Now, because I realize that this isn't very useful if you're a growth investor or a 10x investor, I'm literally, me and my team are building something like this right now. So every growth stock will have a little icon here that'll say growth, and you can hover over that and you'll see something like this. Because for growth stocks, really what you want to look at is revenue growth. You want to look at are they spending money on RD? You want to look at are the insiders, the founders, the managers holding or selling the shares very important, and how much cash have they got. So we're going to put that together for everybody. And if you think that will be useful to check against all your growth stocks and ideas, then there is a there's a free trial down below to the to the Winston app. So you can check that out. And if you don't like it, we just cancel it, no questions asked. But I can tell you that RDW has revenue that's growing. Um, pretty good backlog of orders. But the real catalyst will be companies like Axiom and Blue Origin and Voyager and so on. They're gonna build commercial space stations. And Redwire is likely a supplier to these guys. And then so power supplies, life support systems, manufacturing equipment, and so on. Um, the NASA Lunar Gateway Station also needs infrastructure. Again, Redwire is competing for those contracts. So they can get those contracts that could be a really, really big catalyst for these guys. And if you look at the stock chart here, this is what it looks like, and you might think, oh my God, it's down. It is down like 46%. Well, the beautiful thing with that is that going up another 80% is also entirely feasible. Uh so why am I looking at this right now? We're gonna look about this a little bit more on the weekend. You see this recent high, and where we are right now, we're at the same level. So if you break out above that, that's a very, very good thing. And then you're probably gonna go up to $20-ish dollars, and then you're probably gonna hit your head on that, bounce a little bit, and then the question is, are you gonna break out of that again? In which case you might go much, much higher. But what I'm also loving is that I can see institutional money buying this. Can see it. We can see it right there. It might be hedge funds, whoever, doesn't really matter, but I can see it then buying it, and therefore that's something that I'm looking at. I'm not telling you to buy it. I'm not a registered financial advisor. This is not, you know, financial advice. This is just me sharing my research with you. And do please tweet the document that's that's attached to this. But you know, this is a $2 billion company. This could become a $20 billion company. It's quite feasible, right? Um, could become a $200 billion company. It's entirely possible. That would be a lot harder for them to do. So that's what we're looking at. Um, the the growth stock card like this will be available uh hopefully today or

Voyager And The Post-ISS Station Bet

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tomorrow. Uh so you guys can all can all check that out. Uh but let me talk about stock nuro dos, which is Voyager, ticker symbol V O Y G is kind of fascinating because they're building what could be the replacement for the International Space Station. So the Defense and Tech and Space Company, they operate Defense and National Security, Space Solutions, and then Star Lab space stations. So the Defense and National Security stuff builds missile defense, interceptors, kill vehicles, hypersonic missiles, um radiation-hardened communication equipment, and so on, which is obviously getting some real revenue right now, right? The space solutions part provides in-space propulsion systems, infrastructure, all that kind of stuff. So the plumbing of a space operation. And then there is the thing called Star Lab. And Voyager is literally building a commercial space station called Starlab in partnership with Airbus. And it's designed to provide continuous human presence in sort of low Earth orbit after the ISS is decommissioned, which is planned for around 2030. So why is that happening? Because ISS was launched in 1998. It's pretty old. It's been in space for 25 years, and NASA said we're going to take it down. But NASA also doesn't want to lose access to being in space. They want commercial companies to step in and they want to then rebuild the station or replace the station. And NASA has awarded commercial space station contracts, and Voyager Star Lab is one of the leading contenders in that. So when the ISS goes away, someone's going to fill that void. Voyager is positioning to be that somebody. Because they have the defense contracts, they're not burning through cash. So they can afford to do the space stuff because they've got cash coming in from defense. Now, if you look at the IPO here, sort of what I was talking about with SpaceX, and it might well look, you know, go the other way, but they're listed in June. And by the time the end of the year came about, um, you know, the company went down some 70 odd percent. SpaceX might well be different because it is a very, very good business. But that's what I'm saying. Why do people sell out about 120 days into this, trading days into this? Because they know about the exit after six months. So people like kind of panic and wait for that, and then it recovers. So often that gives you a nice entry point that might be lower risk than if you buy the IPO itself. Now, if I look at the actual chart here, I've got a high here, right? That one. Got a high here, that one. And guess who we are right now? So we've done it three times. I've done bagger all since mid-2025, or even yeah, mid-2025. So if we break out of this meaningfully on the back of the excitement around SpaceX, there is a very decent chance this stock could go much, much higher and we could actually reclaim potentially its all-time highs, which in itself will be about 80% up. And the business has gotten better

Firefly As The Quiet Launch Challenger

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since enlisted. Now, if you think that the only launch company worth investing in is SpaceX and maybe Rocket Lab, you might be missing the one flying under the radar, which is Firefly. Their flagship product is something called the Alpha Rocket, which is small launch vehicle designed to be well, to bring small satellites up there. But they're also developing something called Equips, a medium-lift launch vehicle that's going to compete in the larger payload market. It's going to compete with SpaceX. And they've already been selected for NASA missions to deliver payloads to the moon. And these guys went public, if you go back in time here, quite a long way in time, at about $24. Right now it's trading at about 43, but it's been some serious ups and downs, as you can clearly see. And what do I see? Well, I see it actually breaking out. I see it moving on up, so to speak. Each high is high is higher than the previous. Each low is low higher than the previous. And there is some serious interest right now in the entire space sector. So it might be worth looking at. And why now? I told you we're going to put the growth metrics live, right? We've already partially done that. And you can see the revenue growth there. It's really, really, really accelerating. That's kind of we're looking at, right? Okay, they're spending less on RD relative to revenue. Um, that could be that they've already done a lot of the upfront spending because they've been around for a while. They have $300 million cash on hand, which is pretty decent. So that kind of sort of qualifies them. And I should have mentioned, these guys have landed on the moon. Seriously, they've actually landed on the moon, which is pretty, pretty cool. So they can definitely build stuff that can land on the moon. And the military, the US military wants the ability to rapidly deploy satellites. So if there's a threat somewhere, they want to say, I want a satellite up there, you know, very, very quickly. And that's the sort of thing that Firefly does very, very well. Now, the next dog is probably not one that you've heard of. Um, it's probably not one that you'd look at even. And it's called Orbit International, ORBT. Let me just put it up here. And the numbers don't look particularly great. It's it's a teeny tiny company, um, $13 million market cap. Um, and therefore it sort of falls out of the radar of what institutions are looking at. Why? Well, it listed at $15, it's trading at four, so it's total cash burn. But what I like, and we'll talk a lot about that on Saturday, if you want to learn how to find potential taxes, this is something that we like. Again, I'm going to explain that in a lot more detail on Saturday. Essentially, this thing has done bugger all since 2009. Yeah. And that's a long period of time to underperform. Definitely respected about the form. But it's a because it is such a tiny company, and because Wall Street can't really invest in it because it's too small, it is the kind of asymmetric opportunity that I potentially love. So, what do they do? Well, they design and manufacture

Orbit International And Microcap Asymmetry

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mission-critical electronic components, power units for defense contractors, government procurement, ID labs, a lot of stuff. And they have an electronic group, so they have a power group. So they build these ultra-rugged human-machine interface devices, sort of keyboards, displays, control panels that could survive battlefield conditions, airborne conditions, space conditions. And they used to military aircraft, naval vessels, and so on. They make LCDs that you can read in the sunlight, which would be very cool. I can never read my laptop in the sunlight. They also build highly reliable power supplies, all the kind of highly reliable, uninterrupted stuff that the military would like, particularly if they're going into space. So the aerospace contractors, the same contractors building satellites, spacecraft, electronics, ground control systems, space-based, military platforms, well, this equipment that these guys build goes into that. And we know the Department of War is increasingly spending a ton of money on space-based capabilities. So the m demand for these mission-critical, military-grade electronical components will grow. And if you look at just the maths here, you know, say they grow their revenue from the tiny 25 million to 50 million. Now it's 100% growth. It's the sort of thing that could make a stock like this on tiny volume, you know, just you just need one hedge fund to buy it, and the thing could blow back up to, you know, $25 or something like that, in which case you would have made a lot of money. Again, I'm not saying that you definitely will. This is obviously a highly speculative play, but it's the sort of thing that makes traders money, but only if you manage your risk right. So this is got to be a tiny position, otherwise it's it's it's lunacy. So if you compare all of these, uh, and we'll also talk about that on Saturday if you want to relearn that like the full framework so you can find these yourself. Um, RDW, medium risk, medium reward, Voyager, high risk, potentially high reward. Um the highest risk, of course, is the smallest player, but the lowest risk is RDW. Doesn't mean there isn't risk in it, but it just means there is less risk in it than if you buy a micro stock. So how do you deal with this? Well, you've got to make a plan. You need to understand your risk tolerance. You probably want to be in maximum 5% of your portfolio or something like that in space, unless you have very strong views on it. You want to understand, you know, what's the core stock, what's the growth stock? Watch for some of the catalysts that I mentioned, some of the contracts coming out, SpaceX itself. Now, SpaceX is also gonna suck up a lot of money. Think about it this way. We're, you know,

Risk Rules, Portfolio Sizing, Final CTAs

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the top of the market, massive rally. These guys are gonna suck up so many billions of dollars. Are people gonna sell other things to buy SpaceX? That's a real possibility that Wall Street's worried about. So you always want to have an exit plan. But fundamentally, the space economy is about 500 billion today. We expect it to be close to 2 trillion by 2035, with some pretty significant growth that might give you a better, better visual here. So the winners are going to do very well. And I think the naysayers on SpaceX are wrong. Yes, I think it could have a very, very bumpy ride, whether it goes up or down. Uh, nobody knows. Six months into it, I know a lot of smart people are selling. But if you become the mobile phone operator and the internet operator and the data supplier to every business, every person pretty much on the planet, and also get a ton of military contracts because you're you've got more satellites than everybody else, and therefore you have better data than everybody else, that is potentially the biggest company in the world. And therefore, a valuation that is far beyond what you know an NVIDIA is or an Apple is is actually possible. So if you've got some value out of this, get yourself the free workbook, the free research at Felix Fencildox SpaceX. And then really the biggest investment you can make at any time in life is in yourself and in your skill level. Um, and that's why I'm running this free workshop for you as exercise. One we've ever done, last one I think we'll ever do. And you will learn how to identify the kind of stocks that have the potential to 10x. And it's going to be fun. Uh, bring a piece of paper or a notebook or something. And if you've got some value outers, or you know, some people who might get value out of the free training, forward it to them. That would be the best thing you could possibly do because then you are uh spreading the joy of of being a more skilled investor. And I thank you for watching.