Rocket Lab USA Inc.RKLB
▲ PositiveCapitalrelevance
Planned acquisition of Iridium and onboarding to Space Force program.
Impact on assets 4
Space Economy
Rocket Lab USA Inc.
Iridium Communications IncIRDM
▲ PositiveCapitalrelevance
Acquisition by Rocket Lab at $8 billion, expanding its satellite business.
Space Exploration Technologies Corp. Class A Common StockSPCX
Mentioned
Artificial Intelligence
Amazon.com IncAMZN
Mentioned
Theme Impact 4
Off-coverage companies
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Israel▲
Gilat Wins Over $10 Million in Additional SkyEdge IV Orders
Gilat Satellite Networks Ltd. announced it has secured over $10 million in additional orders from a leading satellite operator for its multi-orbit SkyEdge IV platform, with deliveries scheduled over the next 12 months. The orders underscore continued customer investment in SkyEdge IV and support the growth of high-capacity satellite networks serving applications including In-Flight Connectivity. Ron Levin, President of Gilat Commercial Division, said the orders reaffirm the value of the SkyEdge IV platform and the confidence customers place in Gilat's technology. The company said the orders highlight continued adoption of the platform by leading satellite operators as they expand existing services and introduce new capabilities.
About megatrends
Space Economy › Satellite Broadband, MSS & Ground Equipment ▲Demand
Space Economy › Satellite Connectivity & Direct-to-Device ▲Demand
United States
Kazakhstan
Taiwan▲impact 4
SpaceX Completes Starship Flight 14, Deploys Starlink Satellites
Space Exploration Technologies completed Starship Flight 14 to low Earth orbit, deploying a batch of Starlink satellites. The company is in advanced talks with TSMC on an exclusive manufacturing arrangement for custom AI-focused semiconductor chips. Starlink also signed a new Direct to Cell partnership with Beeline Kazakhstan to extend satellite connectivity to standard mobile phones. The company, a US-based telecom player with a market cap of $2.3 trillion, faces an FAA review and has less than 1 year of cash runway. The Starship flight, the TSMC chip discussions and the Beeline Direct to Cell deal only show part of the SpaceX story.
About megatrends
Space Economy › Launch Services & Propulsion ▲Technology
Space Economy › Satellite Connectivity & Direct-to-Device ▲Technology
Space Economy › Direct-to-Device (satellite-to-cell) ▲Technology
Space Economy › Satellite & Spacecraft Manufacturing Technology
Artificial Intelligence › Custom Silicon / ASIC Technology
SPCX · Demand · Positive Starlink signed a new Direct to Cell partnership with Beeline Kazakhstan to extend satellite connectivity to standard phones.
SPCX · Regulation · Neutral SpaceX faces an FAA review, a regulatory matter with unclear outcome.
SPCX · Technology · Positive SpaceX completed Starship Flight 14 to LEO and deployed Starlink satellites, a successful product/technology milestone.
2330.TW · Demand · Positive SpaceX is in advanced talks with TSMC for an exclusive manufacturing arrangement for custom AI-focused chips, a potential order.
United States▼
Delta Picks Amazon Wi-Fi Over Starlink as Cramer Eyes SpaceX
Delta Air Lines has chosen Amazon's in-flight Wi-Fi over SpaceX's Starlink, a decision that drew Jim Cramer's attention back to SpaceX during the October 2 episode of Mad Money. The Delta agreement with Amazon calls for an initial installation of Amazon Leo connectivity on 500 aircraft beginning in 2028, expanding an existing technology relationship and making the choice a longer-term service investment rather than a change already reflected across Delta's fleet. Delta reported second-quarter adjusted revenue up 14% to $17.7 billion, with premium revenue rising 17% and loyalty-related revenue growing 19%, and reaffirmed full-year adjusted earnings guidance of $6.50 to $7.50 per share and free cash flow of $3 billion to $4 billion. SpaceX reported second-quarter revenue of $7.8 billion, up 92%, with AI segment revenue of approximately $2.56 billion, new cloud-service agreements contributing $1.6 billion in incremental AI infrastructure revenue, and those agreements representing $14.1 billion in contracted sales, though it posted a $541 million quarterly net loss and a $1.26 billion operating loss in its AI segment alongside approximately $15.83 billion in capital expenditures. Delta's adjusted fuel expense rose 77% to $4.4 billion in the second quarter, and the stock trades at approximately 11.9x forward earnings versus 10.4x for United Airlines, while SpaceX traded at approximately 98.2x enterprise value to trailing revenue compared with 54x for Rocket Lab. According to Insider Monkey, 75 hedge funds owned Delta shares in Q2, up from 68 in the prior quarter, while SpaceX had 119 holders with no comparable Q1 figure because it had not yet completed its IPO, and short interest stood at 4.01% for Delta and 2.43% for SpaceX.
About megatrends
Space Economy › Satellite Connectivity & Direct-to-Device ▼Competition
DAL · Demand · Neutral Delta picked Amazon Leo Wi-Fi over Starlink, a longer-term service investment, while also reporting Q2 revenue up 14% and reaffirmed guidance.
AMZN · Demand · Positive Delta chose Amazon's in-flight Wi-Fi (Amazon Leo) for 500 aircraft starting 2028, a concrete service deal for Amazon.
SPCX · Competition · Negative Delta chose Amazon's Wi-Fi over SpaceX's Starlink, a competitive loss for SpaceX's connectivity business.
United StatesMusk Threatens Delta CEO Bastian's Job After Airline Picks Amazon Over Starlink
Elon Musk threatened that Delta Air Lines CEO Ed Bastian "will lose his job" after the carrier chose Amazon's new Leo satellite internet for its fleet instead of SpaceX's Starlink. The public feud followed the collapse of a would-be deal between the two corporate giants this spring, and escalated after reports that Bastian told internal meetings, "We do not want to be with Elon Musk. Trust me. If you know his reputation, it's all true what they say about him." Musk also mocked Delta's proprietary Delta Sync portal as "painful, difficult and expensive for their customers," while Delta cited cost and the desire to keep connecting users through that portal as other reasons for declining Starlink. Delta's in-flight Wi-Fi is not due to be upgraded to Amazon Leo until 2028, and Amazon's offering is currently only in enterprise beta testing, though the company predicts it will beat Starlink in both upload and download speeds. The article was originally published by Moneywise.com.
About megatrends
Space Economy › Satellite Connectivity & Direct-to-Device Competition
DAL · Competition · Negative Delta faces a public feud with Musk after picking Amazon Leo over Starlink, with Musk threatening CEO Bastian's job.
AMZN · Demand · Positive Delta chose Amazon's Leo satellite internet for its fleet, a concrete customer win for Amazon's product.
British Virgin IslandsUnited States
Switzerland▲
WISeQey Begins Nasdaq and SIX Trading as WQEY After BVI Redomiciliation
WISeQey Corp., formerly WISeKey International Holding AG, began trading on Nasdaq and SIX today under the new symbol WQEY following its redomiciliation from Switzerland to the British Virgin Islands. The company also congratulated its subsidiary WISeSat.Space Holdings Corp., now listed on Nasdaq as SAIQ, which closed a $10 million private investment in public equity on October 1, 2026, from SEALSQ Corp, a fellow WISeQey subsidiary. The purchase price was $10.79 per share, equal to the redemption price from the business combination, and the subscription agreement includes a price-protection mechanism that may trigger additional share issuance to SEALSQ if the volume-weighted average price over the 10 consecutive trading days ending on the 60th calendar day after closing falls below the purchase price, subject to a $5.00 floor. The PIPE capital is intended to fund WISeSat.Space's satellite infrastructure expansion and the integration of post-quantum cryptography into its satellites, ground and user-segment architectures, while SEALSQ plans to use WISeSat.Space satellite capacity to deliver quantum and post-quantum services. Carlos Moreira serves as CEO of WISeQey, WISeSat.Space and SEALSQ, making the PIPE investment and planned collaboration related party transactions.
About megatrends
Space Economy › Satellite Connectivity & Direct-to-Device ▲Capital
Cybersecurity & Digital Trust › Post-Quantum & Cryptographic Trust ▲Capital
Quantum Computing › Quantum-Safe / Post-Quantum Cryptography Capital
Quantum Computing › Quantum Networking & QKD ▲Capital
SAIQ · Capital · Positive WISeSat.Space closed a $10M PIPE from SEALSQ to fund satellite infrastructure and post-quantum cryptography integration.
WIHN.SW · Capital · Positive WISeKey (now WISeQey) begins Nasdaq/SIX trading under WQEY after BVI redomiciliation.
LAES · Capital · Positive SEALSQ is the investor committing $10M PIPE into WISeSat.Space and plans to use its satellite capacity for quantum services.
United States3
Morgan Stanley's Adam Jonas Calls SpaceX a Buy at $159 With $300 Target
Morgan Stanley analyst Adam Jonas issued a bullish call on SpaceX, telling investors that roughly $159 to $160 represents a cheap entry point ahead of several key milestones, with a $300 price target on the stock. Jonas argues the market is properly valuing SpaceX's launch business and Starlink but not its chipmaking operations or the AI compute deals that generate $1 billion to $1.5 billion per month per client on an ARR basis. He frames the development slog before the next Starship launch, Flight 15, expected in late October or November, as the window for investors to buy before the stock catches up. Among the catalysts he and investors are watching are the Starship Flight 15 attempt to catch the vehicle back in the Mechazilla arms at Starbase, Starlink version 3 launches, a possible direct-to-consumer Starlink product for regular cell phones, the build-out of the Terra fab chip factory, additional AI compute deals, and the next iteration of the Grok chatbot and its agent component. Jonas is less enthusiastic about the direct-to-consumer Starlink push, citing the heavy terrestrial spending required and the challenge of converting customers, similar to the outlays seen from AT&T and Verizon.
About megatrends
Space Economy › Launch Services & Propulsion ▲Capital
Artificial Intelligence › AI Compute & Accelerator Silicon ▲Capital
Space Economy › Satellite Connectivity & Direct-to-Device Capital
Artificial Intelligence › Custom Silicon / ASIC Capital
Space Economy › Direct-to-Device (satellite-to-cell) ▼Capital
MS · Capital · Positive Morgan Stanley analyst Adam Jonas issues a bullish Buy call on SpaceX with a $300 price target, a valuation/analyst event for the firm's research franchise.
SPCX · Capital · Positive Jonas calls SpaceX a Buy at ~$159 with a $300 target, citing undervalued chipmaking and AI compute deals ahead of Starship Flight 15 and Starlink v3 catalysts.