A target-rich environment Consider: 2021 saw a veritable explosion of new space companies coming public in the form of SPAC IPO transactions.

The space stock sector gets a boost as the broader market rallied following dovish comments from Fed Chair Jerome Powell.

Shares in some satellite operators who were customers of SpaceX fell sharply Sept. 1 after a Falcon 9 rocket was destroyed in a launch pad incident.

The successful test of the reusable Starship rocket shows that Elon Musk’s rivals and satellite operators are slipping further behind.