SpaceX IPO preparations

SpaceX plans IPO on Nasdaq with $75B raise target and $1.75T valuation. Bitcoin holdings of 8,285 BTC ($637M) will be disclosed in filings.

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WHAT IS TRUMP TELLING US⁉️ Space Force has it all, and I mean all. Every single one of Trump’s posts on Truth Social is about the “signal.” When you ignore the noise and focus on the signal, you are able to see where we are heading and the approximate timing. Why is President Trump posting so much about Space Force? I have posted a lot about Space Force and the X-37B pilotless space plane that was in orbit during the last four election cycles (2016, 2020, 2022, 2024). We were never told what the purpose of those long missions were that coincided with our elections. Yes, even before Space Force was created, the X-37B was in orbit during the entire 2016 election cycle. Are you connecting the dots? 🚀 2016 ELECTION 🚀 The Boeing X-37B was in orbit throughout all of 2016. Launched: May 20, 2015 Landed: May 7, 2017 Total time in orbit: 718 days 🚀 2020 ELECTION 🚀 The Boeing X-37B was in orbit throughout most of 2020. Launched: May 17, 2020 Landed: November 12, 2022 Total time in orbit: 908 days 🚀 2022 ELECTION 🚀 The Boeing X-37B was still in orbit throughout most of 2022, not landing until after the 2022 Election. Launched: May 17, 2020 Landed: November 12, 2022 Total time in orbit: 908 days 🚀 2024 ELECTION 🚀 The Boeing X-37B was in orbit throughout all of 2024. Launched: December 28, 2023 Landed: March 7, 2025 Total time in orbit: 434 days THE EXACT MISSION ACTIVITIES REMAIN LARGELY CLASSIFIED‼️ NEVER INTERFERE WITH THE ENEMY WHILE IN THE PROCESS OF DESTROYING THEMSELVES‼️ WE CAUGHT THEM ALL‼️ H/T .Lori Ford

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The technical and fundamental architecture for Satellogic Inc. $SATL at $9.54 reveals a hyper-growth Earth observation and geospatial intelligence company that has officially reached a long-awaited commercial tipping point. Following an explosive Q1 earnings package and the introduction of a new AI-first defense constellation last week, the stock has vaulted toward historic highs, maintaining a tightly coiled Neutral Weekly Bias as the slow-moving macro indicators race to catch up with a massive price re-rating. 📊 Technical Health Check: The Macro Coiling Phase The system is flashing a Neutral Weekly Bias, indicating that the explosive breakout has outrun the slow-moving weekly Ichimoku lines, resulting in a temporary structural divergence. The Vertical Ichimoku Escape: On the macro weekly chart, SATL has exploded completely past its legacy multi-year sideways accumulation channel, trading in clear blue-sky territory. The Weekly Kijun-sen (purple) has spiked violently to $5.80, providing a highly protective, elevated long-term structural floor for the bulls. Daily EMA Retention: On the daily timeframe, the price is holding flag parameters firmly Above the Daily EMA ($8.75). The May 15 Long Signal ($9.84) is experiencing a minor post-breakout digestion of -3.0%, which is highly normal after a multi-hundred percent cyclical run. The Obliterated Bear Case: A historical Short Signal from October 2025 at $2.52 was completely vaporized and invalidated (+278.6%), demonstrating that shorting low-unit-cost satellite builders ahead of an infrastructure expansion cycle is a terminal exercise. 🧬 Fundamental Catalyst: First Positive Cash Flow & The Merlin AI Pipeline The $9.54 print represents a fundamental inflection point where the company has formally transitioned from a speculative capital expenditure story into a cash-generative defense contractor: A Structural Q1 Revenue Beat (May 11): Satellogic reported stellar Q1 2026 revenue of $6.1 Million—a massive 80% year-over-year increase compared to $3.4M last year, easily clearing Wall Street consensus expectations ($5.27M) on soaring imagery demand from its Data & Analytics segment. First Ever Positive Operating Cash Flow: The crown jewel metric of the earnings call was the generation of $0.2 Million in positive net cash from operating activities. Marking the first positive operating cash flow quarter in company history, it proves that Satellogic's vertically integrated model—building satellites at a rock-bottom manufacturing cost of $1.3 Million per asset—is unlocking immense operational leverage. The $113M Paper Loss Distortion: The headline GAAP net loss printed at a massive -$118.3 Million (-$0.84 EPS), severely missing estimates. However, institutional desks instantly looked past the sticker shock: $113.0 million of the loss was a non-cash, non-operational fair value adjustment tied to the remeasurement of convertible notes and warrants because the stock price rose so aggressively. Core operating losses actually improved by 33%. The $1B Sovereign Pipeline & Merlin AI Constellation: Satellogic announced the formal introduction of Merlin, a fully funded, AI-first defense constellation designed to remap the entire planet daily at a sharp 1-meter resolution. Fully funded by customer backlogs without requiring incremental dilutive capital, its initial launch is locked for October 2026. This hardware underpins a massive Space Systems pipeline sitting just under $1.0 Billion. Whale Accumulation and Balance Sheet Fortress: Bolstered by a $35 million registered direct offering completed at $4.73 earlier this year, SATL closed Q1 with $121.9 Million in cash and equivalents. This liquidity is reinforced by a massive remaining performance obligation (RPO) backlog of $64.8 Million, prompting heavy institutional buying from funds like Nuveen and Alyeska Investment Group during the quarter. 💡 Hybrid System Conclusion The Bottom Line: If $ASTS owns the direct-to-cell orbital network, $SATL is the "Ultra-Low-Cost Earth Imagery King."The technicals are labeled "Neutral" strictly because a 426% year-to-date share price surge has temporarily broken the boundaries of the weekly cloud tracking math. Fundamentally, Satellogic has structurally won the bull argument. Generating positive operating cash flow while boasting a $1B sovereign defense pipeline entirely de-risks the capital intensity concerns that bear desks previously leaned on. Trading Rule: Proceed with high-conviction spot equity positioning. Treat any near-term mean-reversion drift down toward the $8.20–$8.75 parameter (re-testing the top of the previous breakout channel and the Daily EMA) as a premium accumulation zone. Avoid trying to short this velocity. Once the weekly Ichimoku cloud catches up to current prices and resolves the neutral tag, clearing the $10.00 psychological barrier will launch the stock toward stretch analyst targets in the $12.50–$14.00 corridor. Final Thought: We track the operating cash flow inflections and binding sovereign satellite deliveries, not non-cash mark-to-market warrant valuations. Satellogic is growing at 80% YoY, has a $121M cash vault, and is launching its fully funded Merlin constellation this autumn. Delivering the first positive operating cash flow quarter in company history backed by a $1B hardware pipeline is the concrete reality for $SATL. Summary: Resistance is at $9.84 (Breakout High); Support is at $7.20 (Weekly Cloud Roof). The macro trend remains intensely favorable for long positions, favoring strategic spot accumulation on immediate dips. Next__>Satellogic hitting its first positive operating cash flow milestone and boasting a near-$1B sovereign pipeline ahead of the October Merlin AI constellation launch

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I was recently shocked to hear this news. It’s said that Wang Chun @satofishi, despite spending hundreds of millions to fly on Musk’s spacecraft—something many viewed as reckless spending—actually received SpaceX stock as part of his ticket. Now, due to the massive surge in the stock’s valuation, Wang Chun hasn’t just recouped the cost of his ticket; he’s made a substantial profit. I checked: Wang Chun’s flight was officially announced by SpaceX and himself in August 2024. Meanwhile, in late June 2024, SpaceX completed its tender offer, raising its valuation to approximately $21 billion. Today, pre-IPO shares of SpaceX are widely traded; using the SPCX-USDC price on Tradexyz at $201.82, the current market-implied valuation of SpaceX is roughly $2.4 trillion. That’s a 100x increase?? Is this what they call “human mining”? Risking your life to go to space not only grants you an exclusive experience shared by only a handful of people—but also uncovers a massive fortune. 😂😂😂 I won’t disclose the exact sources, but I heard this from two well-connected insiders I trust. If true, it just goes to show: we simply don’t understand the world of the ultra-wealthy...

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Wall Street has already lost its monopoly on pricing private equity. The global benchmark for unlisted SpaceX equity is now set by degens on Hyperliquid trading $SPCX at an implied $2.4T valuation.