RE: Wyld valuation6 Aug 2023 09:59
On the face of it, this arrangement Wyld has with SpaceX is no different from existing arrangements with Eutelsat... the latter is simply a carrier for the former's data. What makes the SpaceX arrangement interesting is simply the Swarm angle... that SpaceX are clearly in the process of changing Swarm tech... and we're concluding, or deducing, that the implication of this is that Wyld could be bought by SpaceX in order to acquire Wyld's tech and customer base. It's just too much of a coincidence that SpaceX are stopping Swarm production and saying they're looking to 'improve the technology' whilst then promptly engaging with Wyld. This seems to me to be a perfectly reasonable deduction, possibly even a safe bet, but of course it's not guaranteed. Nonetheless, the current mcap of Wyld, at just 14m, is irrelevant. If SpaceX do buy Wyld, they'll pay far more than that.