Stable Road Acquisition Corporation (SRAC)

[EZmoneyED]

Added a few more shares today under 16 bucks a share.

[koolmc]

nice cheapies today

[weedtrader420]

SRAC $20 TARGET PRICE this week

[HokieHead]

Great coverage for Momentus, mentions space industry booming and SPACs are the way to go.

Morgan Stanley held its annual space summit virtually this year due to the coronavirus pandemic, but analyst Adam Jonas told CNBC that hundreds of investors and observers participated in the event on Tuesday as interest in the space industry booms.

Jonas, known on Wall Street for his early calls on Tesla, has been looking at the fast-growing space industry.

https://www.google.com/amp/s/www.nbcconnecticut.com/news/local/heres-what-we-learned-from-morgan-stanleys-annual-space-summit-as-investor-interest-booms/2380924/%3famp

[gew59]

You are correct. “Starlink is an ambitious network of about 12,000 satellites that SpaceX wants to use to provide high-speed internet to anywhere in the world.”

https://www.cnbc.com/2020/03/20/fcc-approves-spacex-to-deploy-1-million-antennas-for-starlink-internet.html

[EZmoneyED]

It is my understanding multiple satellites are going to be put into orbit to bring new 5G internet to the entire world over the next few years. Momentus should become a key player since precision placement will be important due to the growing number of satellites already in orbit. Just my opinion.

[crudeoil24]

Momentus will be big asset to Elon Musk engineer team. Keep order in outer space.

[HokieHead]

Momentus vehicles are going to be on the Falcon 9 rockets, not the test launch vehicle from yesterday. Look at the Falcon 9 launches and rockets, those are where MNTS will be placed.

[crudeoil24]

SpaceX’s Starship rocket prototype explodes during landing after test launch in Texas....


https://www.google.dk/amp/s/globalnews.ca/news/7512563/spacex-starship-explodes/amp/

[HokieHead]

11/4, now poof! Shoulda held bud!

[EZmoneyED]

Thanks I'll take a look.

[HokieHead]

EZ..

Two links showcasing what their first space hub looks like in action and the second is a CNBC interview with the SRAC CIO. Listen to the backers near the end. Insane.

[EZmoneyED]

Guys give me a few minutes in the morning before you push the price up lol. I want to add a few more before this stock goes bonkers.

[gew59]

Finished green - amazing!

[HokieHead]

Beast! Touches $20+ by weeks end..

[koolmc]

srac back to green again :)

[MADDSTACKER]

Thanks for the 15.50s

[koolmc]

launchdown in 3 2 1.... :)

[MADDSTACKER]

Weeeeeee :)
All good kool spy shaking things up ..
January yet ? :)

[koolmc]

you can post on down days too lol

[koolmc]

agreed, one of few long term spac/space play hold for me

[Golden Cross]

Zero Gravity Is Getting a Logistics Player. Think of It as the FedEx of Space.

Link:
https://www.barrons.com/articles/logistics-play-coming-to-zero-gravity-think-of-it-as-fedex-of-space-51605198498

Space is having a renaissance. The pioneering of reusable rockets by SpaceX is driving down costs and opening up new business opportunities. Now other space firms are popping up.

NASA completed its manned spaceflight certification of SpaceX earlier this week, another step in the development of the modern space economy. SpaceX made history earlier in 2020 when it launched and ferried two NASA astronauts to the International Space Station. It was the first time NASA used a commercially built rocket to carry astronauts, and the certification brings manned space-launch capability back to the U.S.

Investors can’t buy SpaceX stock because it is privately held, run by Elon Musk, the founder and CEO of Tesla (ticker: TSLA).

However, there is a space-logistics franchise named Momentus, with ties to SpaceX, that is set to go public in coming months through a merger with special purpose acquisition company, or SPAC, Stable Road Acquisition (SRAC).


Momentus won’t launch rockets into space. But it will leverage lower launch costs to offer space services to others. It plans to be the first provider of hub-and-spoke space infrastructure as well as last-mile space delivery.

Investors aren’t used to investing in space. But hub-and-spoke along with last mile delivery are familiar terms. Indeed travelers, and investors, are familiar with in hub-and-spokes in the airline industry. Big planes fly to hubs, such as Chicago, then little planes connect to smaller cities, such as South Bend, Ind.

In other realms of logistics, large trucks carry goods to warehouses and smaller vehicles, operated by the likes of FedEx (FDX), take goods on their last mile to businesses and homes.

That is the kind of thing Momentus wants to do. SpaceX, for instance, is analogous to the big plane or truck that can deliver cargo to low-earth orbit. Then Momentus can move it around in space. Momentus thinks it can offer low costs for placing, using and cleaning up space technologies with transfer vehicles operating above the earth’s atmosphere. It’s a fascinating idea.


Momentus calls itself a ride-share partner with SpaceX, whereby it buys and resells cargo space on its rocket ships. “Momentus’ current contract with SpaceX consists of reserved ports on their launches through 2022,” according to the company’s regulatory filings. With this relationship, Momentus offers smaller firms the ability to launch small payloads that wouldn’t be justified without the service.

Down the road, the company also sees offering satellite as a service, operating satellites for the benefit of smaller firms. The potential offers smaller businesses higher levels of asset connectivity and tracking, along with many things Barron’s can’t even imagine.

The merger deal values Momentus at about $1.2 billion and will provide the company with about $300 million to fund its growth. Management thinks the business can realize $1 billion in sales by 2024, generating almost 50% gross profit margins and $600 million in free cash flow. Those are aggressive targets. Revenue in 2020 will amount to about $2 million.


Momentus and Stable Road announced their deal on Oct. 7. Since then shares are essentially flat. The S&P 500 and Dow Jones Industrial Average, for comparison, are both up about 6%. Shares traded as high as $11.02 following the announcement. Stable Road shares closed at $10.08 on Wednesday.

[EZmoneyED]

Grabbed a few shares of SRAC today hoping to add some more at these levels. Liking the story here. I believe this stock will be a good one to hold onto for a few years.
Ed

[crudeoil24]

Welcome Truist Securities Industrials and Services Summit investors.
12/8/2020.

More and more catalysts taking share price well into the 20's this month

[crudeoil24]

I like to see a $18.00+ close today. One or two whales accumulation does the trick.

[crudeoil24]

SRAC > Elon Musk, Jeff Bezos, Lockheed Martin and Joe Montana, are some partners that are involved with this upcoming merger.

[Norton1973]

Great movie! SRAC to the Moon. :)

[koolmc]

yep that's the thing since peeps can't buy space x they are looking for the one that they can buy, this will be one of few out there. And will get more awareness when merge is done.

[crudeoil24]

"You can't handle the truth!" - Colonel Jessup in A Few Good Men.” ?

Jack Nicholson

[HokieHead]

Momentus Inc. to Participate at the Truist Securities Industrials and Services Summit

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Momentus Inc. (“Momentus”), a commercial space company offering in-space infrastructure services, today announced it will participate at the Truist Securities Industrials and Services Summit on Tuesday, December 8, 2020.

Momentus has previously announced a merger agreement with Stable Road Acquisition Corp. (NASDAQ: SRAC), a special purpose acquisition company (SPAC), that would result in Momentus becoming a publicly listed company.

[HokieHead]

$20's coming. SS is small here, of the 150m OS post merger only about 20m shares are tradeable, the rest are locked up. This will fly through the $20's soon enough imo.

[Ski22]

Article today on stocktwits about Momentus being next Space X

[koolmc]

ot: rogan should get him on the show lol

[Norton1973]

I have a few good men. Lol

SRAC

[crudeoil24]

17.63 > Is there another convocation today with another investment group / conference?

[koolmc]

any meaningful dips goes right back up

[Norton1973]

Ok, let's run SRAC through the Roof!

[OldJames]

Secret underground base on Mars but I guess he wasn’t invited

[gew59]

Take me to your leader. Lol

[crudeoil24]

Has the State of Israel made contact with aliens?
According to retired Israeli general and current professor Haim Eshed, the answer is yes, but this has been kept a secret because "humanity isn't ready."

> ROFLMAO <

[OldJames]

Well.... this caught my eye this morning regarding all things space

https://m.jpost.com/omg/former-israeli-space-security-chief-says-aliens-exist-humanity-not-ready-651405

[HokieHead]

Company doing roadshows today and tomorrow. Institutions taking notice and buying.

[Norton1973]

SRAC, dunno, maybe

[crudeoil24]

11:00 conference > boom new investors!

[koolmc]

agreed i know much more in it, just saying one of the reasons why it's going

[HokieHead]

This is nothing. A similar company valuation to SPCE with 150m shares post merger for SRAC would be a $48 PPS. This will be valued higher than SPCE imo. A long way to go.

[koolmc]

it's fomo

[MADDSTACKER]

Robin Hood got ahold of this ?

[Norton1973]

$SRAC, Momentus, so fortunate to have this one.

My other (spac), IP_B, is launching!

[crudeoil24]

Mikhail Kokorich, Chief Executive Officer of Momentus will speak at 11:00 a.m. ET on a commercial space panel. Fred Kennedy, President of Momentus will speak on a government space panel beginning at 1:00 p.m. ET. This event is open to Canaccord Genuity clients.