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A Guide for the Novice Space Investor

What you need to know about space.

Peter Hague's avatar
Peter Hague
Jun 10, 2026
∙ Paid

There have been publicly traded space companies for some time - Virgin Galactic, Rocket Lab, Intuitive Machines, to name just a few - but soon the undisputed market leader SpaceX will join their ranks with an IPO next month. With such a big name, a lot of new money will flow into the sector, and obviously its important to have some understanding.

I decided to produce a short introductory guide/reading list for people who haven’t seriously engaged with space, and space colonisation, before. And it is important to understand colonisation, because it figures heavily in the valuation of SpaceX, as is discussed in the S-1 document now available.

This article should not be taken as complete due dilligence and is not investment advice. It is purely for educational purposes.

The Problem of Space Business

A lot of the technical problems of space are either already solved, or known to be solvable without significant new technology. But space has always been expensive, and the trouble has been finding a way to pay for the implementation of the technology.

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