Latest / Felix Nikolas Prehn's Podcast / Felix Prehn - If You Missed SpaceX or Palantir. This is Even Bigger. + Stock Market News 17 June 2026

Transcript

Felix Prehn - If You Missed SpaceX or Palantir. This is Even Bigger. + Stock Market News 17 June 2026 · Felix Nikolas Prehn's Podcast

• 0:00
  SPEAKER_00: If you missed Palantir, if you missed SpaceX, if you missed the quantum rally, then what I'm about to show you might be the single biggest investment theme of the next decade.
• 0:10
  SPEAKER_00: Last year, I showed you quantum computing stocks right here on this channel, and Regetti went up like 1500%.
• 0:17
  SPEAKER_00: D-Wave more than tripled.
• 0:20
  SPEAKER_00: And even back in July 2025, I showed you a stock called Mercury Systems, ticker symbol MRCY.
• 0:27
  SPEAKER_00: And since then, it's up over 113%.
• 0:30
  SPEAKER_00: But here's the thing.
• 0:32
  SPEAKER_00: I believe right now is your second chance to look at this name and some others.
• 0:38
  SPEAKER_00: And I'm going to show you those extra stocks.
• 0:41
  SPEAKER_00: In fact, I'm going to just give you the name straight away.
• 0:48
  SPEAKER_00: I don't want to hold you hostage, but if you're just here to like get a stock alert, you're going to feel some pain down the road.
• 0:54
  SPEAKER_00: Now, just a few days ago, SpaceX went public.
• 0:57
  SPEAKER_00: I mean, everybody knows about that.
• 0:59
  SPEAKER_00: The largest IPO in history.
• 1:01
  SPEAKER_00: And that was just the starting gun.
• 1:05
  SPEAKER_00: You see, the US government is now spending nearly$60 billion a year just on military space.
• 1:12
  SPEAKER_00: That doesn't include NASA, that doesn't include the private sector.
• 1:16
  SPEAKER_00: We're talking about a$600 billion economy racing towards a trillion.
• 1:22
  SPEAKER_00: And most retail investors can't name a single stock in it.
• 1:24
  SPEAKER_00: Well, maybe SpaceX, and that's about it.
• 1:26
  SPEAKER_00: So by the end of this video, I'm going to break down all these three companies, why I'm watching them, where the money is coming from, and then I'll teach you the exact three-step framework I used to find stocks like these before everybody else really catches on.
• 1:40
  SPEAKER_00: My name is Felix Prien.
• 1:41
  SPEAKER_00: I'm an ex-investment banker.
• 1:42
  SPEAKER_00: My hound Winston is at home.
• 1:44
  SPEAKER_00: We're in the south of France, as you can maybe make out in the background here.
• 1:48
  SPEAKER_00: And our mission here is very simple: teach you the same rules that Wall Street teaches its bankers.
• 1:54
  SPEAKER_00: So I will teach you that three-step framework for finding these stocks right now.
• 1:58
  SPEAKER_00: But first, I'm going to show you the stocks themselves because I know most people are impatient.
• 2:02
  SPEAKER_00: They just want to know the stocks.
• 2:03
  SPEAKER_00: I totally get it.
• 2:04
  SPEAKER_00: But for those of you who are tired of winning and then giving it all back to Wall Street, stick around for the teaching part because that's going to be more valuable than a bunch of stock names that'll expire in a few days.
• 2:18
  SPEAKER_00: So, first of all, let's talk about space and why right now.
• 2:22
  SPEAKER_00: So when SpaceX went public, it didn't just make Elon Lutz's first trillionaire.
• 2:27
  SPEAKER_00: It sent a signal to every institutional investor on the planet: space is no longer science fiction.
• 2:34
  SPEAKER_00: Space is now business.
• 2:36
  SPEAKER_00: Now I'm not here to talk about SpaceX.
• 2:38
  SPEAKER_00: Kind of hard to find value in a stock that's trading at, you know, a couple of trillion dollars or with with no profits at all.
• 2:45
  SPEAKER_00: But by the way, I do think it's one of the greatest businesses in the world.
• 2:48
  SPEAKER_00: Starlink is uploading this very video of mine, but valuations and business are two different things.
• 2:54
  SPEAKER_00: But there is an ecosystem.
• 2:56
  SPEAKER_00: Every government on Earth now depends on this ecosystem.
• 3:00
  SPEAKER_00: And what most people don't realize is this isn't about rockets and astronauts.
• 3:04
  SPEAKER_00: This is about money.
• 3:06
  SPEAKER_00: And I like to follow the money.
• 3:08
  SPEAKER_00: The global space economy is now worth over$600 billion.
• 3:12
  SPEAKER_00: It's projected to hit a trillion within the decade.
• 3:14
  SPEAKER_00: But the numbers that really matter to you and me right now are these.
• 3:17
  SPEAKER_00: I'll put it on the screen here for you.
• 3:19
  SPEAKER_00: US Space Force budget alone is over$40 billion.
• 3:23
  SPEAKER_00: Department of Defense spending on space,$60 billion.
• 3:26
  SPEAKER_00: And then there's the Golden Dome, America's new missile defense shield,$13.4 billion allocated just for that program.
• 3:33
  SPEAKER_00: And they're planning to spend$185 billion before it's done.
• 3:38
  SPEAKER_00: So SpaceX, Lockheed Martin, Northrop Grumman, Raytheon, 12 companies just got awarded contracts worth up to$3 billion for space-based interceptors.
• 3:50
  SPEAKER_00: So when the government writes checks, these big, someone will cash them in.
• 3:54
  SPEAKER_00: The question is just who?
• 3:56
  SPEAKER_00: And what annoys me is when it's why I'm making this video is any investor you ask on the street to name a space doc, they'll say SpaceX.
• 4:04
  SPEAKER_00: Maybe they say Virgin Galactic, which basically doesn't exist anymore, and that's about it.
• 4:08
  SPEAKER_00: Meanwhile, there are companies, profitable companies, growing companies that are literally building the hardware that goes into orbit, that goes into missiles, that goes into every military aircraft in the Western world, and no one seems to be talking about them.
• 4:24
  SPEAKER_00: So you understand now why this opportunity, driven by this new tech revolution, is different from anything we've seen in decades.
• 4:31
  SPEAKER_00: But here's the thing: understanding the framework isn't enough.
• 4:34
  SPEAKER_00: Knowing the stock tickers isn't enough.
• 4:36
  SPEAKER_00: You need to actually know how to position for it.
• 4:38
  SPEAKER_00: And there is a specific time window to do that.
• 4:42
  SPEAKER_00: Do you remember the last big IPO boom, 2020?
• 4:45
  SPEAKER_00: Companies were going public every other day.
• 4:47
  SPEAKER_00: Think Airbnb, Coinbase, Roblox, Rivian.
• 4:51
  SPEAKER_00: So where were you when that was happening?
• 4:54
  SPEAKER_00: And did you make money doing it?
• 4:56
  SPEAKER_00: Or maybe you made some money and then you handed it all back to Wall Street, or maybe you just sat on the sidelines and watched some people 10X their money in a year.
• 5:05
  SPEAKER_00: So just be honest with yourself for a moment here.
• 5:07
  SPEAKER_00: Try to remember that period, because what nobody wants to admit is exactly this.
• 5:12
  SPEAKER_00: The people who build real wealth, the kind that changes your family's future for generations, they do it by recognizing moments.
• 5:20
  SPEAKER_00: Moments like right now.
• 5:22
  SPEAKER_00: When we're entering what I call the IPO summer, companies that have been waiting on the sidelines for years, for decades, are about to go enlist on the stock exchange, much as SpaceX.
• 5:33
  SPEAKER_00: And the people who know how to position for this, the people who understand this five-year cycle that it kicks off, they're going to build wealth machines.
• 5:42
  SPEAKER_00: And five years from now, you're going to be in one of two groups.
• 5:45
  SPEAKER_00: Group one, the people who watched it happen again, just like they did in 2020, just like they watched 2010, just like they've watched every major opportunity pass them by, and then you have group two, the people who showed up, who learned the playbook, Wall Street's playbook, who built something that actually matters for them, for their kids, for their retirement, for their legacy.
• 6:07
  SPEAKER_00: So which group are you going to be in?
• 6:09
  SPEAKER_00: Seriously.
• 6:09
  SPEAKER_00: Tell me, put it in the chat.
• 6:10
  SPEAKER_00: You want to be in group one, the guys who just sit around and wait for it and talk about it, or you're going to be in group two, the people who actually are doing something about their legacy.
• 6:17
  SPEAKER_00: So let me get real with you for a second, as you Americans like to say it.
• 6:22
  SPEAKER_00: Father's Day is upon us.
• 6:23
  SPEAKER_00: And you might be thinking, random mention, right?
• 6:26
  SPEAKER_00: It's true.
• 6:27
  SPEAKER_00: I don't really care if you're a dad or not.
• 6:29
  SPEAKER_00: This isn't about greeting cards.
• 6:30
  SPEAKER_00: It's about a question everybody needs to ask themselves.
• 6:35
  SPEAKER_00: What legacy am I building?
• 6:37
  SPEAKER_00: If you retired today, right now, would your family be taken care of?
• 6:41
  SPEAKER_00: If something happened to you tomorrow, God forbid, that you build something that lasts.
• 6:45
  SPEAKER_00: And right now, we're standing at the beginning of this five-year window where the people who learn how to build wealth are going to separate themselves from everybody else.
• 6:56
  SPEAKER_00: And I'm not saying go buy all the overhyped IPOs, not at all.
• 6:59
  SPEAKER_00: What I'm saying is learn the skills that separate the pros from the amateurs in this opportunity.
• 7:06
  SPEAKER_00: And I believe this is so important that I'm going to hold, for the first time ever, a live workshop on Father's Day, American Father's Day, and it's called How to Turn the IPO Summer into a Five-Year Wealth Machine.
• 7:19
  SPEAKER_00: Never taught this material before.
• 7:20
  SPEAKER_00: And honestly, I might never run it again because these things happen every 10 years.
• 7:24
  SPEAKER_00: So I might do another one in 10 years.
• 7:26
  SPEAKER_00: It'll be live.
• 7:27
  SPEAKER_00: It'll be free.
• 7:28
  SPEAKER_00: It'll be two hours long on Father's Day.
• 7:30
  SPEAKER_00: And there's a link down below.
• 7:32
  SPEAKER_00: You can claim your free ticket at wealthmachine.org.
• 7:35
  SPEAKER_00: Wealthmachine.org, the link's in the description.
• 7:37
  SPEAKER_00: And we're going to have 10,000 tickets for this event.
• 7:40
  SPEAKER_00: Completely free, no questions asked.
• 7:43
  SPEAKER_00: And it sounds like a lot, but I can tell you they're going to go pretty quickly.
• 7:46
  SPEAKER_00: In fact, at the time I'm recording this, half of them are already gone.
• 7:50
  SPEAKER_00: So write wealth machine in the comments if you want to be part of that event.
• 7:53
  SPEAKER_00: It's going to be special.
• 7:54
  SPEAKER_00: I can tell you out.
• 7:55
  SPEAKER_00: I'm going to look forward to it.
• 7:56
  SPEAKER_00: It'll be live from the good old US of A as well.
• 7:59
  SPEAKER_00: I'll be there in person.
• 8:01
  SPEAKER_00: But the promise of this video is to help you understand these three stocks first, right?
• 8:06
  SPEAKER_00: And coming Sunday is the big mission.
• 8:08
  SPEAKER_00: It's the full strategy.
• 8:10
  SPEAKER_00: We're going to get into much, much more detail than we could in a 30-minute video like this.
• 8:13
  SPEAKER_00: So let's get into it.
• 8:15
  SPEAKER_00: Ticker numero uno, Mercy, or rather, Mercury Systems, MRCY is the ticker.
• 8:21
  SPEAKER_00: It's the brains inside America's missiles.
• 8:25
  SPEAKER_00: Now, I first showed you Mercury Systems a year ago.
• 8:28
  SPEAKER_00: It was trading down here.
• 8:29
  SPEAKER_00: If you can see it on the screen, 28th of July, I put a video out on this and it was trading at$55.
• 8:34
  SPEAKER_00: It's trading at$115 right now, which is approximately 110% up.
• 8:41
  SPEAKER_00: I didn't promise you returns.
• 8:43
  SPEAKER_00: I'm just saying we had a reason for looking at it, then we have a reason for looking at it right now.
• 8:48
  SPEAKER_00: And there is something in stocks before you think it's too late.
• 8:52
  SPEAKER_00: There is something that I call a second chance.
• 8:54
  SPEAKER_00: Every stock gives you a second chance.
• 8:56
  SPEAKER_00: But let me explain to you what this company actually does because once you understand it, you understand why the Department of Defense doesn't function without them.
• 9:04
  SPEAKER_00: Sorry, Department of War, isn't it now?
• 9:06
  SPEAKER_00: Anyway, the Mercury system builds the electronic brains inside America's most advanced weapons.
• 9:12
  SPEAKER_00: You know the F-35 fighter?
• 9:14
  SPEAKER_00: Mercury builds the processing modules inside Patriot missile systems, Mercury.
• 9:19
  SPEAKER_00: The system that detects incoming threats, processes radar signals, and guides munitions to their target, Mercury.
• 9:25
  SPEAKER_00: So think of it this way: if Lockheed Martin builds the body of a missile, Mercury builds the brain.
• 9:32
  SPEAKER_00: And the brain is the part that actually really matters.
• 9:35
  SPEAKER_00: They call their strategy MOSA, modular open system architecture, big words, I know, but it's a simple idea.
• 9:42
  SPEAKER_00: They built electronics that can plug into any military platform.
• 9:46
  SPEAKER_00: One brain, many weapons.
• 9:48
  SPEAKER_00: And have a look at the numbers because that's where it gets excited.
• 9:51
  SPEAKER_00: Last quarter, revenue was$235 million, a little bit up over the year, but they beat Wall Street's estimates.
• 9:59
  SPEAKER_00: Earnings per share were an absolute blower.
• 10:02
  SPEAKER_00: 350% higher profits than Wall Street had expected.
• 10:07
  SPEAKER_00: And the backlog, and that's the number that I really, really care about,$1.5 billion of orders on the backlog.
• 10:14
  SPEAKER_00: And they just landed a multi-year contract to deliver a thousand secure service.
• 10:21
  SPEAKER_00: These are hardened computing systems for classified military applications.
• 10:26
  SPEAKER_00: When a company has a billion and a half in backlog, it's still growing.
• 10:30
  SPEAKER_00: That's a company with a line of customers out the door, the sort of thing that I want to look at.
• 10:35
  SPEAKER_00: And what makes these guys hard to compete with is this.
• 10:38
  SPEAKER_00: To do what they do, you need security clearances.
• 10:41
  SPEAKER_00: Top secret, compartmentalized security clearances, the kind of clearances that take years to get.
• 10:47
  SPEAKER_00: You can't just start a company in the garage and bid on these contracts.
• 10:50
  SPEAKER_00: No, they won't have you in.
• 10:52
  SPEAKER_00: So they're embedded in the classified government programs, stuff we don't even know about.
• 10:56
  SPEAKER_00: That's essentially their moat.
• 10:58
  SPEAKER_00: And their open source architecture means once their hardware is inside a weapon system, it tends to stable.
• 11:04
  SPEAKER_00: Because once you have something that works, you don't rip it out as the military because you want the stuff to work, right?
• 11:11
  SPEAKER_00: And money is kind of a secondary consideration.
• 11:13
  SPEAKER_00: But I also want to be honest with you, zoom out.
• 11:16
  SPEAKER_00: We're trading at all-time highs.
• 11:17
  SPEAKER_00: And some people will therefore think, well, it can't possibly go any higher.
• 11:21
  SPEAKER_00: Well, I disagree with that.
• 11:22
  SPEAKER_00: In fact, all the research out there disagrees with that.
• 11:26
  SPEAKER_00: Stocks at all-time highs tend to make new all-time highs, whereas stocks that are cheap tend to make new all-time lows.
• 11:33
  SPEAKER_00: Now, of course, I'm not telling you to run out and buy it.
• 11:36
  SPEAKER_00: What I'm saying to you is come and learn with us on the weekend, and you'll understand why we get excited when we see things like these, where we are breaking out and then we're doing it again up here.
• 11:48
  SPEAKER_00: Pull back a little bit as I'm recording this, but one or two days hardly make a pudding.
• 11:53
  SPEAKER_00: Um, so we're liking this setup.
• 11:55
  SPEAKER_00: It's a setup that is very similar to the one that we saw in the middle of last year, where we had this beautiful little pattern here, and then boom, institutions caught it as we caught it.
• 12:07
  SPEAKER_00: Now, am I telling you to buy it?
• 12:08
  SPEAKER_00: Absolutely freaking not.
• 12:09
  SPEAKER_00: I am not a registered financial advisor, I don't tell you what to buy.
• 12:12
  SPEAKER_00: I share with you some of my research, I share with you some ideas.
• 12:15
  SPEAKER_00: My goal is to inspire you to learn this for yourself so that you'll know how to fish and you will not be reliant on some guy on YouTube to hand you a smelly couple of days old fish.
• 12:25
  SPEAKER_00: But one thing I like about these guys is they're targeting positive free cash flow.
• 12:29
  SPEAKER_00: And that's typically a moment where a lot more institutional investors start looking at a stock because a lot of them only want to buy stocks with positive free cash flow.
• 12:38
  SPEAKER_00: So the key with any of this is risk management, allocation, position sizing, knowing when to sell.
• 12:46
  SPEAKER_00: Never buy something until you know when you're going to sell it.
• 12:48
  SPEAKER_00: That's my first golden rule.
• 12:50
  SPEAKER_00: Let's go to stock number two.
• 12:51
  SPEAKER_00: Atro uh is the ticker, Astronix Corporation.
• 12:55
  SPEAKER_00: And they power every cockpit.
• 12:58
  SPEAKER_00: And nobody knows this, basically.
• 12:59
  SPEAKER_00: And that's exactly why I like it.
• 13:01
  SPEAKER_00: So while everyone was chasing AI stocks and meme coins and so on, Astronix was quietly building the electrical guts of every commercial and military aircraft you have ever flown on.
• 13:13
  SPEAKER_00: So they make two things: aerospace power and lighting systems, and defense test systems.
• 13:19
  SPEAKER_00: So every time you plug your phone charger into your seat on a Boeing or an Airbus, that's astronomics hardware.
• 13:25
  SPEAKER_00: The cockpit lighting, astronomics.
• 13:27
  SPEAKER_00: The power distribution system, astronomics.
• 13:29
  SPEAKER_00: The emergency lighting that guides you to the exit, astronomics.
• 13:32
  SPEAKER_00: But the defense side is where it gets really, really interesting.
• 13:35
  SPEAKER_00: They build the test equipment the US Army uses to make sure its communication systems actually work.
• 13:41
  SPEAKER_00: The radios, the electronic warfare gear, the battlefield networks, all that stuff.
• 13:45
  SPEAKER_00: And it gets tested on astronomics systems before it goes out then.
• 13:49
  SPEAKER_00: So think of them as the quality control department for the most powerful military on earth.
• 13:55
  SPEAKER_00: And the numbers are pretty extraordinary.
• 13:57
  SPEAKER_00: They're guiding to about a billion dollars in revenue this year.
• 14:00
  SPEAKER_00: Huge order book pouring in,$734 million in backlog.
• 14:06
  SPEAKER_00: If we look at the stock chart, my heart skips a beat.
• 14:10
  SPEAKER_00: Why?
• 14:10
  SPEAKER_00: Because we have exactly the kind of pattern that we look for, sideways action for a while, but breaking out.
• 14:16
  SPEAKER_00: We broke out.
• 14:16
  SPEAKER_00: No, we seem to be going here for a second chance.
• 14:20
  SPEAKER_00: Um so at the moment, it is right now.
• 14:21
  SPEAKER_00: I wouldn't buy it right now.
• 14:22
  SPEAKER_00: I wouldn't wait for it to break out of the recent highs.
• 14:26
  SPEAKER_00: And that might sound idiotic to you, might seem like lunacy to you to buy something at a higher price.
• 14:30
  SPEAKER_00: But there is some logic in that.
• 14:32
  SPEAKER_00: Join me again on Sunday, and I'll teach you that in full.
• 14:36
  SPEAKER_00: So you might think, well, they make electronics and lights and charges and stuff.
• 14:40
  SPEAKER_00: Well, why can't people copy them?
• 14:42
  SPEAKER_00: Because they're embedded in the supply chains of Boeing and Airbus in the military.
• 14:46
  SPEAKER_00: You don't swap out a power system in an aircraft because it takes years of certification, testing, and possibly billions in engineering.
• 14:56
  SPEAKER_00: And on the defense side, you need security clearances.
• 14:59
  SPEAKER_00: You need intimate knowledge of classified military communication systems.
• 15:02
  SPEAKER_00: You can't Google how to use this.
• 15:05
  SPEAKER_00: So these guys are going to keep growing with whatever the civilian aircraft sector and the military does because they're the infrastructure.
• 15:12
  SPEAKER_00: They're profitable.
• 15:13
  SPEAKER_00: Huge improvement, in fact, to that.
• 15:15
  SPEAKER_00: And of course, there's a risk with this stock like any other stock.
• 15:17
  SPEAKER_00: Um so don't just run out and put your all your money on it.
• 15:20
  SPEAKER_00: That would be absolutely moronic.
• 15:22
  SPEAKER_00: Uh, but it's the sort of thing that we look for, and I'll teach you on Sunday how exactly we find these in a lot more detail.
• 15:28
  SPEAKER_00: So, stock number three is Redwire Corporation, RDW.
• 15:33
  SPEAKER_00: They're the company building space, probably the most exciting and possibly the most dangerous.
• 15:39
  SPEAKER_00: So if Mercury builds the brains, Astronix builds the power system, Redwire builds the actual structures that go into orbit.
• 15:48
  SPEAKER_00: They're one of the pure place space infrastructure companies that you can buy on the market today, one of the very few.
• 15:55
  SPEAKER_00: So they build the physical stuff of space, the solar arrays, the sensors, the structures, the antennas, and the payload system.
• 16:02
  SPEAKER_00: So the hardware that makes satellites actually function.
• 16:05
  SPEAKER_00: They built hardware for NASA's programs.
• 16:08
  SPEAKER_00: They have sensors in the International Space Station, even with strawberries in space as part of an in-space manufacturing experiment.
• 16:15
  SPEAKER_00: I'm not sure how good the strawberries were, but they have real defense contracts.
• 16:19
  SPEAKER_00: NATO selected red wire for drone technology.
• 16:22
  SPEAKER_00: They want a spot on the DARPA Otter program, just something that goes into very low Earth orbit.
• 16:29
  SPEAKER_00: So basically developing satellites that operate very close to Earth for faster, more accurate intelligence gathering.
• 16:36
  SPEAKER_00: And the biggest number of all, they're part of a$1.8 billion andromedia contract with the Department of War.
• 16:44
  SPEAKER_00: And that's an indefinite delivery, indefinite quantity deal, which means the government can keep ordering for years under this contract.
• 16:54
  SPEAKER_00: Revenue up 58% last year, massive backlog.
• 16:58
  SPEAKER_00: And it's the kind of momentum that makes institutional investors potentially pay attention.
• 17:04
  SPEAKER_00: Now, I did a video on it when it was trading here around early May.
• 17:08
  SPEAKER_00: You guys can look that up.
• 17:10
  SPEAKER_00: And the stock then went up 66%, a bit more than that.
• 17:15
  SPEAKER_00: And then it went down again and it's now down a little bit from down.
• 17:17
  SPEAKER_00: And so you might go, oh my god, it's a total loser.
• 17:19
  SPEAKER_00: No, it's a it's a lesson in risk management and went to sell.
• 17:22
  SPEAKER_00: But I believe right here where we are is your second chance.
• 17:28
  SPEAKER_00: Doesn't mean you should run out and buy it, obviously.
• 17:30
  SPEAKER_00: But what I'm what am I looking for?
• 17:32
  SPEAKER_00: I'm looking for a stock that pulls back from its squeeze up, which it did.
• 17:37
  SPEAKER_00: And then I'm looking for that to bottom out, ideally above this magic little line we're going to talk more about on Sunday.
• 17:44
  SPEAKER_00: And then what I would really like for this to do, I'd like for this to exceed the recent high, which would be around about, let me give you the number 1730 or thereabouts.
• 17:55
  SPEAKER_00: So I'm not buying it where it is right now, even though it looks cheap.
• 17:59
  SPEAKER_00: One of my mentors said to me, Felix, every time you think about the word cheap with investing, run.
• 18:04
  SPEAKER_00: It's a really, really bad idea to buy things when they're cheap because cheap is a relative term.
• 18:09
  SPEAKER_00: Might have a look at the plug chart, uh, down 98%.
• 18:13
  SPEAKER_00: But the moat here is very, very simple.
• 18:16
  SPEAKER_00: They build things that go into space.
• 18:18
  SPEAKER_00: Not many people do that.
• 18:20
  SPEAKER_00: The barriers to entry in space manufacturing are pretty enormous.
• 18:23
  SPEAKER_00: You need facilities, certifications, track records with government agencies, years of trust.
• 18:28
  SPEAKER_00: Redwire has done it.
• 18:30
  SPEAKER_00: There's a space economy where as more satellites get launched, as more stations get built, more defense constellations go up.
• 18:36
  SPEAKER_00: Someone's got to build the hardware, and Redwire is basically positioned to be that somebody.
• 18:40
  SPEAKER_00: Now there's risk with this, and I want you to always consider that very, very clearly.
• 18:43
  SPEAKER_00: They made a loss last quarter.
• 18:45
  SPEAKER_00: There is share dilution.
• 18:48
  SPEAKER_00: It goes up and down 10 or 15% a year.
• 18:51
  SPEAKER_00: So you need to have really, really tight risk management.
• 18:54
  SPEAKER_00: This is a high-risk growth stock.
• 18:56
  SPEAKER_00: I think potentially you can make a lot of money with high-risk growth stocks, but most people don't because they don't know what the heck they're looking for.
• 19:02
  SPEAKER_00: They don't know when the heck they should be selling.
• 19:04
  SPEAKER_00: And look at some of these opportunities here, right?
• 19:06
  SPEAKER_00: We 2024, the thing went up like 270%.
• 19:09
  SPEAKER_00: And then guess what?
• 19:10
  SPEAKER_00: It went back down to zero.
• 19:12
  SPEAKER_00: And most people just bag help through the process, but not you, not anymore, if you join me on Father's Day on Sunday, uh evening New York time.
• 19:20
  SPEAKER_00: So you've seen the stocks, the brains, the power, the structure of the space economy.
• 19:25
  SPEAKER_00: But I don't want to just hand you fish because that's never very useful.
• 19:29
  SPEAKER_00: I want to teach you the first steps on how to fish.
• 19:32
  SPEAKER_00: We're going to go much deeper on Sunday if you join me there, the thewealthmachine.org, get your free ticket.
• 19:38
  SPEAKER_00: But let me give you the framework that I used to find Mercury systems back last year and Atro and RDW after that.
• 19:46
  SPEAKER_00: And this framework works for absolutely everything out there, it doesn't matter what sector it is.
• 19:50
  SPEAKER_00: Step number one is follow the money.
• 19:53
  SPEAKER_00: I don't care about the story, I don't care about the hype, I don't even care about the numbers.
• 19:57
  SPEAKER_00: The three things that I look at: government contracts, backlogs, and book-to-bill ratio.
• 20:03
  SPEAKER_00: We can talk about that a bit more in detail later.
• 20:05
  SPEAKER_00: Government contracts tell me the company has some real customers.
• 20:08
  SPEAKER_00: Backlog tells me if the demand is actually sustainable.
• 20:12
  SPEAKER_00: And the book-to-bill thing, it's a ratio of new orders to revenue.
• 20:16
  SPEAKER_00: If it's above one, the company is booking more business than it's delivering, which is a company that's accelerating its growth.
• 20:24
  SPEAKER_00: And if you look at the scorecard for these three stocks, Astronix 1.2, almost 1.3 backlog.
• 20:30
  SPEAKER_00: RDW almost two times book to bill, which means they're booking more orders than they're delivering on, which is a good thing.
• 20:38
  SPEAKER_00: Mercy backdrop backlog also piling up pretty nicely, so they'll pass step one.
• 20:43
  SPEAKER_00: The second then is look at the moat.
• 20:45
  SPEAKER_00: And moat is what stops competitors from just copying the product.
• 20:49
  SPEAKER_00: In the space and defense worlds, motes are usually very strong.
• 20:53
  SPEAKER_00: Security clearances, supply chain lock-in, and proprietary technology would be the things that we want to look at.
• 20:59
  SPEAKER_00: And all three, pass that test.
• 21:03
  SPEAKER_00: And then you want to look at risk.
• 21:05
  SPEAKER_00: And most people skip this because it just sounds more exciting to look at the positives, but risk is very, very important.
• 21:10
  SPEAKER_00: So is there a path to profitability?
• 21:13
  SPEAKER_00: What's the debt looking like?
• 21:15
  SPEAKER_00: Are they diluting the heck out of us?
• 21:17
  SPEAKER_00: What are the insiders doing?
• 21:18
  SPEAKER_00: And Mercury is profitable improving.
• 21:21
  SPEAKER_00: Astronomic is solidly profitable.
• 21:23
  SPEAKER_00: Red wire is still burning cash.
• 21:24
  SPEAKER_00: So that's the highest risk there.
• 21:26
  SPEAKER_00: And you can can can run your read yourself through the all the other data points that matter if you check out the Winston app, which we built for exactly that purpose.
• 21:34
  SPEAKER_00: So we've got a three layers here of the space economy, right?
• 21:38
  SPEAKER_00: The brains, the power, the infrastructure, fundamentally money pouring into it.
• 21:42
  SPEAKER_00: So the question isn't whether this will happen.
• 21:44
  SPEAKER_00: The question is are you positioned for it?
• 21:45
  SPEAKER_00: Are you positioned for it in the right way?
• 21:46
  SPEAKER_00: And I think a lot of people that I'm seeing right now are chasing the riskiest thing out there because FOMO is real, right?
• 21:54
  SPEAKER_00: Fear of missing out is a big, big, big thing for all of us.
• 21:58
  SPEAKER_00: And the really way that I got myself out of the FOMO thing, because I used to have it too, everybody does.
• 22:03
  SPEAKER_00: It's just the way we're born, is by having a very clear structure and framework and rules, and having that protocol like printed out on your desk that tells you what decisions you make and what decisions you don't make.
• 22:18
  SPEAKER_00: And the protocol I like to use is the one that Wall Street uses.
• 22:21
  SPEAKER_00: And it's what I learned from my mentors.
• 22:23
  SPEAKER_00: I know from my mentors, this has been around for at least 50 years.
• 22:27
  SPEAKER_00: It's changed ever so slightly as the market gets faster and faster.
• 22:31
  SPEAKER_00: But if you're still out there and you're looking at purely fundamentals, um, well, sorry to be the bearer of bad news, Wall Street no longer cares about fundamentals.
• 22:40
  SPEAKER_00: Look at SpaceX.
• 22:41
  SPEAKER_00: Fundamentals look terrible.
• 22:43
  SPEAKER_00: It's all about following the money.
• 22:46
  SPEAKER_00: And once you understand that, and once you understand how to spot those signals, once you understand how you can see what institutions are doing and how you can see it, the process actually gets way easy.
• 22:56
  SPEAKER_00: And we still consider fundamentals from a risk point of view, but it isn't the thing that makes us go a click on a buy button.
• 23:03
  SPEAKER_00: Because you're gonna have great fundamentals, you're gonna have a great business, and Wall Street can hate it, and therefore it never goes up.
• 23:10
  SPEAKER_00: Plenty of examples out there.
• 23:12
  SPEAKER_00: So if this has been helpful today, Sunday is gonna be a lot more helpful because it'll be proper education, proper teaching in a time framework that YouTube would hate.
• 23:21
  SPEAKER_00: Uh, we'll run about two hours.
• 23:23
  SPEAKER_00: So Sunday evening, 7 p.m.
• 23:25
  SPEAKER_00: I think it is New York time.
• 23:27
  SPEAKER_00: Join us at wealthmachine.org and turn this IPO summer into the beginning of a five year wealth machine for yourself.
• 23:35
  SPEAKER_00: If you got some value out of this, share the video, share the link to wealthmachine.org with other people who you think might benefit from having better investing skills.
• 23:45
  SPEAKER_00: And I thank you for watching.