Bullish on space-based data centers, Goldman Sachs significantly raised its low Earth orbit satellite deployment forecast: surging to 300,000 units by 2031, with an optimistic scenario reaching 400,000.

Goldman Sachs has sharply revised upward its forecast for global low Earth orbit (LEO) satellite installations in 2031 from 42,000 to 305,000 units—an increase of 634%. The key driver behind this historic revision is the inclusion, for the first time, of space-based data centers in its industry forecasting framework. Goldman Sachs expects space-based data centers to overtake satellite internet as the primary growth engine for LEO satellites starting in 2029, accounting for nearly 80% of incremental installation demand by 2031.

wallstreetcnJul 10 22:58

Momentus Awarded U.S. Space Force Contract For Transportation Services

BenzingaJul 3 02:26

Momentus Technologies Wins Best AI Award at Event Technology Awards AI Edition 2026, Recognizing Its New AI Platform for Venue and Event Management

PR NewswireJun 29 22:15

12 Industrials Stocks Moving In Monday's Pre-Market Session

BenzingaJun 29 20:05

From FOMO to 'Investment Coma': SpaceX Fails to Lift Peers, Space Sector Suffers Worst June on Record

SpaceX's listing initially ignited investor enthusiasm for the commercial space sector, but market sentiment reversed sharply within just a few weeks. Since June, multiple space-related stocks have declined by more than 50%, and the relevant ETF has seen a maximum drawdown of 47%. Analysts believe the market is reassessing valuations of commercial space companies, and genuine high growth for the industry will still take time to materialize.

Golden10 DataJun 26 11:51

SpaceX's luster has faded, prompting a broad sell-off in U.S. space-related stocks, with multiple individual stocks plunging more than 50% in June.

The space sector bubble has abruptly burst—SpaceX’s listing not only failed to ignite a sustained rally but instead became the final straw that broke the sector. This month alone, four space-related stocks have plunged more than 50%, with Rocket Lab tumbling 44%, and the space ETF posting its worst single-month performance in six years. Analysts pinpoint the core issue: lofty valuations cannot sustain the sector through its prolonged commercialization cycle. Moreover, the flood of insider share unlocks has yet to arrive—the storm may have only just begun.

wallstreetcnJun 26 11:17