Dec. 26 at 2:24 AM
If you are an investor in Rocket Lab
$RKLB, you should be upset we are seeing Starfighters Space
$FJET stock come to market.
Competition? Absolutely not!
Rather, it's a sign of the times; this is a COMPLETE JOKE of a space stock, something you would expect in 2021.
Perhaps worse, because at least then, its closest peer Virgin Orbit, which was spun-off from Virgin Galactic
$SPCE pre-SPAC, had a big pocketful of money to burn. Even if the science wasn't there to back it up.
As with Virgin Orbit, what
$FJET thinks they can do is fly to a high altitude to launch satellites.
The theory is that it's easier than launching from the ground, since you're shortening the distance.
As I told people last decade, this is one of those things which sounds plausible in theory but only if you ignore basic physics.
Low Earth Orbit (LEO) is technically around 100 to 1,200 miles up. However the bottom of that range is Very Low (VLEO) and there is significant drag from Earth's ......
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