China versus Elon Starlink - Wyatt Investment Research

The new Space Race is underway…

With over 58,000 satellites expected to launch within 5 years, according to U.S. government report.

That creates a new $63.8 billion market.

“The next SpaceX” could be biggest winner – with 457% profits.

Go here ASAP shares (Pre-IPO ends soon).

There’s huge demand to launch satellites.

Public tech stocks like Amazon (NASDAQ: AMZN) are launching their own satellite constellations.

They plan to spend up to $20 billion to launch 3,232 satellites.

Meanwhile, foreign countries are trying to compete as well.

CHINA that’s rushing to take on SpaceX and Starlink.

The Chinese government has backed a private company called Qaifan. And they’re launching a new constellation of low Earth orbit (LEO) of satellites.

The first 600 will be launched by the end of 2025. And Chinese leaders ultimately want to see a network of 40,000 satellites.

SpaceX and Starlink already have a huge lead.

Starlink already operates 6,000 LEO satellites globally. That means Starlink is already 10X bigger than China’s network.

With over 4 million subscribers – it’s expected to hit over $6 billion in revenues this year.

Frankly, the U.S. Government Accountability Office estimate for 58,0000 satellites may be far too conservative.

You could see 100,000 new satellites launched within the next decade. Each of those satellites currently costs ~$1.1 million to launch.

This creates a huge $110 billion market.

That’s why I’m buying shares of a new launch platform called “the next SpaceX.”

Shares could jump 457% by IPO day. Plus, an upcoming FAA approval could send the stock soaring 1,585%.

Ian