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-0.00254237288135588 -0.00169491525423725 -0.00423728813559313 -0.0101694915254237 -0.00849152542372874 -0.00259322033898303 -0.00254237288135588 -0.00169491525423725
Stock impact report

Starfighters Space: Bootstrap Approach To Space Industry But Scaling Challenges [Seeking Alpha]

Starfighters Space, Inc. (FJET) 
Company Research Source: Seeking Alpha
FJET's liquidity is constrained, with only ~$20 million on hand and a cash burn rate of ~$9 million annually, risking near-term dilution. Scaling is limited by the rarity of F-104s, and breakeven economics require FJET to capture possibly a lot of market share based on some market size forecasts. Governance risks, a possible related-party consideration, and dilution from outstanding warrants/RSUs compound concerns. There are unit economics, it would seem, but we wonder about that scale. Also, of course, tests for commercial missions will have to succeed for there to be revenue - a risk too. Looking for a helping hand in the market? Members of The Value Lab get exclusive ideas and guidance to navigate any climate. Learn More » Thankful Photography/iStock Editorial via Getty Images Starfighters Space Inc. ( FJET ) is a pretty interesting prospect in the panorama of space-related stocks. They have 7 Cold War-era aircraft (F-104) that are capable of reaching Mach 2 speed and, Show less Read more
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