Planet Labs PBC (PL) Could Be 50% Below Fair Value On Satellite Launch Progress

Planet Labs PBC (PL) drew fresh attention after confirming that its Tanager 2 hyperspectral satellite and 18 SuperDove satellites reached Vandenberg Space Force Base ahead of a planned launch on SpaceX’s Transporter 18 mission. Planet Labs PBC’s recent satellite milestone comes as the stock trades at US$19.99, with the share price down 7.15% over the past 30 days and 54.08% over 90 days, yet supported by a very large 1-year total shareholder return above 200% and a multi-year total...