I enjoy Doug’s diary and the comments. This is the first time posting for me.
The SPCX prospectus addresses the risk of a satellite to satellite collision and the ramifications but it does not appear to address another significant risk of micro-collisions. With the future value of SPCX tied to hundreds of thousands of satellites with large solar arrays put into low earth orbit it appears there is a foreseeable risk of micro debris hitting the solar panels producing more micro debris that grows logarithmically threatening all the satellites in low earth orbit (the Kessler affect). This appears to be something that should have been in the prospectus and something that is being ignored by the financial media. I have a few SPCX leap puts.
P.S. Thanks for making your first contribution to the Comments Section Foxy!
Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality.
On TheStreet Pro, Kass provides frequent market commentary and investing ideas for active investors throughout each trading day in Doug’s Daily Diary. He also serves as president of Seabreeze Partners Management Inc. Previously, he served as a senior manager at Omega Advisors, a $6 billion investment partnership. He co-authored a book with Ralph Nader and the Center for the Study of Responsive Law called “Citibank: The Ralph Nader Report” and can be found as a guest host on CNBC's "Squawk Box."
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