@Stonefoxcapital Already had ~$200m cash and no debt. This doubles that with increased optionality. Having a valuable stock is valuable - very happy with management here
Dave Ramsey explains the secret to becoming financially independent: "No one got rich making 10% a year. Start trying to time the market and make at least 25% a year. Options are another fast way to get rich. Even if you lose money at first, you only need one big 200% trade to make it all back."
Oppenheimer doubled its price target on NextNav $NN to $50 from $25, keeping an Outperform rating.
The firm views the $SPCX SpaceX IPO as positive for spectrum values and sees the June 4 House Energy & Commerce hearing on PNT as a signal that positioning, navigation, and timing is becoming a higher policy priority.