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Michael Sheetz Profile picture
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3 Sep, 4 tweets, 2 min read
Liftoff of Firefly's Alpha rocket from Vandenberg Space Force Base in California, the company's inaugural launch:

cnbc.com/2021/09/02/fir…
Firefly's Alpha rocket is two minutes in and still climbing:
Firefly's Alpha rocket explodes, nearly three minutes into the inaugural launch:

cnbc.com/2021/09/02/fir…
Firefly mission control called out that the Alpha rocket experienced "an anomaly" during ascent. More details to come.

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More from @thesheetztweetz

Michael Sheetz Profile picture
13 Sep
Two Wall Street firms begin coverage of Rocket Lab $RKLB:

Canaccord Genuity - Buy rating, $30 price target

Cowen - Market perform rating, $18 price target
Canaccord: "Rocket Lab’s first-mover advantage
should enable it to capture significant share within the global launch industry ... the company’s competitive advantage over new market entrants and production scale justify significant upside in the stock price." $RKLB
Cowen: "Its small launch competitive advantages, attractive launcher expansion path, and end-to-end market strategy offer robust extended growth." $RKLB
Read 4 tweets
Michael Sheetz Profile picture
3 Sep
Space infrastructure conglomerate @RedwireSpace debuted on the NYSE this morning, the 6th space #SPAC to close this year.

"We are a revenue positive, cash flow positive, very financially conservative and rapidly growing company" - $RDW CEO Peter Cannito cnbc.com/2021/09/03/spa…
@RedwireSpace Cannito emphasized that $RDW is a "uniquely positioned" option for investors like @CathieDWood's $ARKX, since it’s a pure-play space stock that's generating over $100 million in revenue a year and cash flow positive already.
cnbc.com/2021/09/03/spa…
@RedwireSpace @CathieDWood Redwire Space stock is surging on its NYSE trading debut, with shares climbing as much as 20% so far.

cnbc.com/2021/09/03/spa… $RDW
Read 4 tweets
Michael Sheetz Profile picture
3 Sep
Abort in the final moments of countdown!

Firefly's Alpha rocket has not launched as expected, with the company's mission control now running through procedures. cnbc.com/2021/09/02/fir…
Waiting to hear from Firefly whether the company will reset and try again today, or postpone.
Tim Dodd says the company is recycling and will go for another attempt during today's launch window.
Read 10 tweets
Michael Sheetz Profile picture
3 Sep
The @Firefly_Space / @Erdayastronaut livestream of the company's inaugural Alpha rocket launch has begun, with liftoff in less than 45 minutes from California.

Tune in: cnbc.com/2021/09/02/fir…
@Firefly_Space @Erdayastronaut Now less than T-10 minutes until liftoff of Firefly's Alpha rocket.
@Firefly_Space @Erdayastronaut Firefly is launching to the west from Vandenberg, into what is known as a retrograde orbit:
Read 4 tweets
Michael Sheetz Profile picture
20 Aug
Scoop – Jeff Bezos launched into space last month, but Blue Origin has had top talent leave since he returned to Earth, CNBC has learned.

At least 11 key employees have left this summer, including an SVP, program leaders, and multiple senior engineers: cnbc.com/2021/08/20/jef…
Company spokesperson:

“Blue Origin grew by 850 people in 2020 and we have grown by another 650 so far in 2021. In fact, we’ve grown by nearly a factor of four over the past three years."
cnbc.com/2021/08/20/jef…
Notably, Blue Origin gave full-time employees a $10,000 bonus on July 30, sources said – which the company intended as a "thank you," but sources say it internally was perceived as leadership attempting to entice talent to stay amid the NASA HLS fight.
cnbc.com/2021/08/20/jef…
Read 7 tweets
Michael Sheetz Profile picture
5 Aug
Virgin Galactic $SPCE begins its Q2 2021 call, with CEO Michael Colglazier and CFO Doug Ahrens.
cnbc.com/2021/08/05/vir…
CEO Colglazier confirms that private astronauts sales will begin at $450,000 per seat, while microgravity research and professional astronaut training flights are priced at $600,000 $SPCE
Colglazier: Over 125,000 people have donated and entered the Omaze lottery to win one of two seats on a future spaceflight. $SPCE
Read 17 tweets

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