A NEW AGE FOR THE SPACE – EXPLORATION HAS JUST BEGUN AGAIN. 50 YEARS AGO, THE MOMENT , NEIL ARMSTRONG PLANTED HIS FOOTON THE SURFACE OF THE MOON- THE STORY OF THE SPACE GOES ON.
THE NEXT 50 YEARS WILL LOOK VERY DIFFERENT.
FALLING COSTS, NEW TECHNOLOGIES, CHINESE AND INDIAN AMBITIONS AND A NEW GENERATION OF ENTREPRENEURS PROMISE A GOLDEN AGE OF SPACE DEVELOPMENT…. LET´S GO SPACE TRUCKIN…
AN OLD DREAM-OF THE MANKIND WILL COME TRUE. THE PRIVATE SECTOR COMES NOW ON STAGE BETWEEN 1958 AND 2019.
ALMOST ALL OF THE SPENDING IN SPACE- X WAS BY STATE AGENCIES MAINLY NASA AND THE PENTAGON. IN THE PAST DECADE PRIVATE INVESTMENT HAS RISEN TO AN ANNUAL AVERAGE $2BN A YEAR. SPACE -X , ELON MUSK´S ROCKET FIRM, MADE 21 SUCCESSFUL SATELLITE LAUNCHES LAST YEAR AND IS MEANWHILE VALUED $33BN.
I THINK THE COMMERCIAL SHOW BEGINS NOW.THE COMMUNICATION SATELLITES IN LOW ORBITS AND THE NICHE ONE OF TOURISM FOR THE RICH. SPACE – X IS DEVELOPING A REUSABLE ´STARSHIP´LARGER AND MUCH MORE CAPABLE THAN ITS COMPETITORS. ACCORDING TO NASA , DEVELOPING SPACE – X ´S FALCON ROCKETS WOULD HAVE COST SPACE -X A TENTH OF THAT.
PLS. SEE OUR VIDEO – PRE IPO – MARKET SITE NASDAQ NYC
IPO- LYFT Inc. Coming soon….First Quarter 2019 ?
(Reuters) – JPMorgan Chase & Co (JPM.N) is in talks about leading Lyft Inc’s upcoming initial public offering as an underwriter, after rivals Goldman Sachs Group Inc (GS.N) and Morgan Stanley (MS.N) decided not to pursue such a role out of loyalty to another IPO hopeful, Lyft’s larger competitor Uber Technologies Inc, according to people familiar with the matter.
The move illustrates the calculations that often inform the pursuit of such mandates by the world’s biggest investment banks. Goldman Sachs and Morgan Stanley have helped ride-sharing company Uber raise money in the past, and are in pole position to secure top roles in its IPO, the sources said.
Reuters first reported last year that Lyft was seeking to hire an IPO adviser that would help it select underwriters and coordinate the process.
Since then, Lyft has hired IPO advisory firm Class V Group LLC, and is eyeing a stock market flotation sometime in 2019, according to the sources. Uber has also said it is aiming for an IPO in 2019, though it is further behind in its preparations and is not yet seeking to hire underwriters.
Several other investment banks are expected to join JPMorgan as underwriters for Lyft’s IPO. There is no certainty the bank will secure the coveted „lead left“ underwriting position, the sources said.
Uber, the Next Mega IPO? 2019 ?
With a new CEO, the SoftBank investment, and the Waymo settlement, is Uber finally back on track? Clearly, these positive developments are steering the company in the right direction, but as we look ahead, three questions loom large. First, why did SoftBank invest in Uber? Second, what might SoftBank’s upside valuation scenario for Uber look like? Third, what should CEO Dara Khosrowshahi do to get ready for an Uber IPO in the next 24 months?