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REDDIT

Why Isn’t Planet Labs Getting the Hype It Deserves?

I'm trying to understand why Planet Labs (PL) seems to get significantly less hype and investor attention compared to companies like Rocket Lab (RKLB) or AST SpaceMobile (ASTS), even though Planet Labs has real revenues, growing customer base, strong financial results, and multi-year government contracts.

Given their solid financial results, positive EBITDA, backlog growth, and increasing gross margins, why is the market perception and share price still much lower than some of the more “story-driven” space companies?

What factors make PL less “sexy” in the eyes of investors despite having a more stable and fundamental business model?