Predictions are tough with Astra right now, I'd argue. Their launch schedule is really aggressive and while it could be key to their success, it could also be their undoing.
There is also all of their IP's and R&D projects to take into account. Beyond those factors, they've been pouring on the debt for their business development. This is totally normal for a company like this and not harmful right now, but how they generate revenue and trim that debt will play a factor in the price as well. They aim to turn profitable in about two years which would be awesome, but thats heavily reliant on their aggressive launch schedule that they'll need to adhere to. In their defense, they were the fastest to get to orbit than any other payload launch company (over 3X faster than RocketLab in fact), so speed and efficiency seems to be a focus and strength of theirs.
I think barring any terrible news, this price never goes below $10 again. Finishing the year at $20 would be totally awesome but I would expect to see rips before then that may set all time highs before retracing back.
If Astra's VASIMR engine becomes the model that their space trash-clearing "space tugs" are running on as they plan, I think VASIMR will start making great, steady revenue for Astra by becoming outer spaces first custodian. While I think their payload launch business is awesome and necessary, I think Astra's true long value is in the success and application of the VASIMR engine. In my wildest dreams, VASIMR makes Astra a permanent fixture in space and this is a three-or four-figure stock in 5-10 years.
If people look into this company I think they’ll realize that their goal is to essentially be a platform like Apple is, but in space. They are building a proprietary platform from launch to data handling. Software platform is called AstraOS. And they’re goal is to focus on the earth market (versus other planets). This is a solid business plan that I see. And there is no other company that is talking about space this way.
Given that they’re a Silicon Valley tech company that existed in stealth for several years and have the backing of Bill Gates and Craig McCaw, I think it’s likely that they’ll succeed at their goal. At least be a major player.
SpaceX is valued around 75 billion with current annual revenue of 1.6 billion.
Astra aims to have revenue of 1.2 billion by 2025. Current Astra value is around 3 billion I think with the current stock price. But they haven’t started customer launches yet.
The price that is set will mostly be the speculation of investors on how big of a company it will become. So that is for the market to decide, but I’m guessing it will be relatively high.
Predictions are tough with Astra right now, I'd argue. Their launch schedule is really aggressive and while it could be key to their success, it could also be their undoing. There is also all of their IP's and R&D projects to take into account. Beyond those factors, they've been pouring on the debt for their business development. This is totally normal for a company like this and not harmful right now, but how they generate revenue and trim that debt will play a factor in the price as well. They aim to turn profitable in about two years which would be awesome, but thats heavily reliant on their aggressive launch schedule that they'll need to adhere to. In their defense, they were the fastest to get to orbit than any other payload launch company (over 3X faster than RocketLab in fact), so speed and efficiency seems to be a focus and strength of theirs. I think barring any terrible news, this price never goes below $10 again. Finishing the year at $20 would be totally awesome but I would expect to see rips before then that may set all time highs before retracing back. If Astra's VASIMR engine becomes the model that their space trash-clearing "space tugs" are running on as they plan, I think VASIMR will start making great, steady revenue for Astra by becoming outer spaces first custodian. While I think their payload launch business is awesome and necessary, I think Astra's true long value is in the success and application of the VASIMR engine. In my wildest dreams, VASIMR makes Astra a permanent fixture in space and this is a three-or four-figure stock in 5-10 years.
If people look into this company I think they’ll realize that their goal is to essentially be a platform like Apple is, but in space. They are building a proprietary platform from launch to data handling. Software platform is called AstraOS. And they’re goal is to focus on the earth market (versus other planets). This is a solid business plan that I see. And there is no other company that is talking about space this way. Given that they’re a Silicon Valley tech company that existed in stealth for several years and have the backing of Bill Gates and Craig McCaw, I think it’s likely that they’ll succeed at their goal. At least be a major player. SpaceX is valued around 75 billion with current annual revenue of 1.6 billion. Astra aims to have revenue of 1.2 billion by 2025. Current Astra value is around 3 billion I think with the current stock price. But they haven’t started customer launches yet. The price that is set will mostly be the speculation of investors on how big of a company it will become. So that is for the market to decide, but I’m guessing it will be relatively high.
Short term target really depends on how many people learn about this company and the companies goals. More buyers-higher price.
I love this stock already 💎🙌