Trump signed a space launch memorandum before the weekend, requiring the United States to significantly enhance its commercial space launch capability. The White House proposed at least 1,000 launches and re-entryes per year by 2030, significantly above the 178 last year. After the news was released, the Space Concept Unit went down, and SPCX and AST SpaceMobile both fell by about 3 per cent.
Target points directly to the expansion of launch capability.
The memorandum requires federal agencies to assess federal land for use in new launch and re-entry sites in order to relieve existing infrastructure pressures. At the same time, the White House hopes to enhance the lead position of the United States in the next phase of commercial space competition.
In addition to launching the target, Trump offered to return the American astronauts to the moon by 2028. The memorandum requires NASA to facilitate commercial landing and transport, to support the travel of commercial robots to Mars, and to explore ways to transport humans commercially to Mars.
The White House emphasizes the role of commercial space.
Michael Kratsios, Director of the White House Office of Science and Technology Policy, said that the new national space transport policy was intended to respond to the rapid expansion of the industry and to keep the United States ahead of the next stage of space activity.
In terms of policy content, the focus is not only on increasing the number of launches, but also on assigning more deep-space tasks to commercial companies. This means that more policy support may be available for launch facilities, transport services and commercial projects related to the Moon and Mars.
The market sells policy messages first.
However, the market was cautious in its immediate reaction to the memorandum. The decline of the relevant space unit in the news shows that investors are more concerned about the difficulty of short-term implementation and whether the goal of large-scale expansion can be translated into business performance.
The report mentions that, despite the decline in stock prices on that day, SpaceX-related stocks still had more optimistic expectations on Wall Street. Approximately 40 analysts covered the unit, with an overall rating between “buy-in” and “moderate buy-in” and an average target price of approximately US$ 213 to US$ 225 for the next 12 months.
Mask is also optimistic about the company's future. In his view, SpaceX was expected to become one of the high-performing investment targets for space plates and even for the entire market in the coming years.