World’s Hottest Space Stock Posts Rally That Dwarfs All Rivals

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Of all the wild rallies in space stocks this year, none has been greater than that of a little-known company that manufactures satellites in the outskirts of Uruguay’s capital city.

Shares of Satellogic Inc., which counts former US Treasury Secretary Steven Mnuchin as its board chairman and a major investor, are up more than 250% this year, even after plunging along with their peers during Friday’s deep market slide. That return makes the shares by far the biggest beneficiary of the hype fueled by the listing of Elon Musk’s SpaceX, expected later this week.

It’s a stock that ...