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Increased capex and infrastructure support for SpaceX could improve launch cadence and attractiveness of space-infrastructure SPACs, potentially lifting related valuations in the near term if the program remains on schedule.
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SpaceX plans to begin an eight-mile natural gas pipeline, Starpipe, to its Texas launch sites next month, per county filings. The move supports a higher cadence for Starship launches and expands ground infrastructure in Texas. For P-SPAC investors, the development underscores rising capital intensity in space infrastructure and could influence valuations of SPACs targeting space tech over the coming quarters.
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