r/valueinvesting
People keep talking about AI bubble, how about Space bubble?
The author questions if space stocks like RKLB are in a bubble compared to AI, citing their lack of revenue and operational status.
- Space stocks lack actual revenue and are mostly selling on future possibilities.
- Companies like RKLB do not yet impact the daily lives of common people.
I mean we can see AI happening all around us, with perhaps 200m people or more using it on a daily basis and the biggest adopters of this are just like companies with positive revenue, crazy earnings yoy. It is changing the way we have been living for good or bad.
Whereas most of the hottest space stocks are not even turning over a revenue, are not even operational for the most parts or impacting people on a daily basis now. It's all just selling on possibilities now. Stocks like RKLB won't even impact the common folk at all. ASTS still have to wait till it's operational. SpaceX is already operational with starlink yea, and now with their massive valuation.
So what do you yall think?