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2026-10-06 15:30 • The Motley Fool Mixed Axe Cap view: Selective

Rivian delivered 19,248 vehicles in Q3, a 46% increase from Q2, potentially beating analyst estimates. The company has improved gross margins and protected shareholders from dilution through non-dilutive capital raises. However, management only affirmed 2026 guidance rather than raising it, disappointing some investors expecting higher forecasts.

Axe note: Rivian’s delivery jump and smart capital moves mark progress, but cautious guidance tempers enthusiasm.

2026-10-06 15:20 • The Motley Fool Positive Axe Cap view: Selective

Boeing has returned to profitability with $89.5B in FY2025 revenue but carries a concerning 10x debt-to-equity ratio and negative free cash flow. Space Exploration Technologies shows strong 33% revenue growth to $18.7B but reports a $4.9B net loss due to massive capital investments in Starship and Starlink. The article concludes SpaceX is more appealing for long-term investors despite higher risk, while Boeing may attract turnaround investors.

Axe note: Boeing’s tough turnaround contrasts sharply with SpaceX’s growth-driven but loss-heavy profile.

2026-10-06 15:20 • The Motley Fool Positive Axe Cap view: Selective

SpaceX launched a test satellite with Google's TPUs to explore orbital data centers, but satellite-based data centers will cost 2.5-3x more than Earth-based facilities. Tech giants need computing power immediately and are investing heavily in neocloud companies like Nebius and Iren, which have available megawatt capacity and scaling pipelines. Orbital data centers are unlikely to replace terrestrial data centers in the near term.

Axe note: SpaceX’s test of satellite data centers is exciting but too expensive to challenge terrestrial neocloud firms powering AI demand now.