Spire Global: An AI Buy Story, But In Space
Spire(SR) Seeking Alpha·2024-06-14 16:59
EvgeniyShkolenko Spire Global (NYSE:SPIR) is an opportunity to bet on space and AI at the same time. Early in its life as a public company, one might think the stock is one to avoid. SPIR Price History (Seeking Alpha) Currently, the market prices it as a microcap, waiting for Spire to generate positive cash flows. I believe that moment is approaching and that the new opportunities presented by generative AI have paved it wide open. There are some risks, but I think the stock is at least fairly valued for th ...