Today I’m looking into a Chris DeHaemer pitch about “Project Starlink 42k,” otherwise known as Starlink, a satellite internet constellation operated by Elon Musk’s SpaceX.
According to DeHaemer, 42,000 satellites will be orbiting Earth in “just a few years” that could revolutionize the way we communicate, travel, shop, work, and “pretty much every aspect” of life as cheap, fast internet is made available to billions.
DeHaemer also claims to have found “the company that’s helping Elon Musk’s new venture come true” and says it’s “about to become one of the largest, most important stocks on the market.” So much so that he says he thinks “it’ll rise another 2,124% from here.”
Is it legit? There’s no guarantee that any stock will go up in price, so take that part with a pinch of salt. But marketing hype aside, Starlink could be a big deal in the years ahead, and I did manage to find the company DeHaemer appears to be teasing.
So let’s get stuck into it…
What Is “Project Starlink 42k?”
Chris DeHaemer uses the term “Project Starlink 42k” to describe Starlink, a satellite internet constellation operated by Elon Musk’s SpaceX.
SpaceX started launching Starlink satellites in 2019 and, according to Wikipedia, provides satellite internet access coverage to 36 countries, with the aim of global coverage.
Why does DeHaemer call it “Project Starlink 42k?”
For the most part, it’s a marketing gimmick. Finance “gurus” are known for putting their own “spin” on things to add an element of mystery to their presentations.
And that seems to be the case with DeHaemer’s pitch, too.
In any case, the name he’s using appears to be based on the number of Starlink satellites that have been (and could be) launched into space.
“Nearly 2,000 satellites have already been launched into orbit… and another 40,000 are coming. In fact, Elon is building a Super Heavy rocket with 29 engines that can deploy thousands of these satellites at once.
In just a few years, 42,000 of these satellites will be orbiting Earth all at the same time.”
It’s unclear when all 42,000 satellites are expected to be launched, but what DeHaemer said seems to line up with what is stated in a February 2022 euronews.com article.
And as a side note, the Wikipedia article I linked to earlier states that over 2,400 small satellites are in low Earth orbit (LEO) as of May 2022. So the number of Starlink satellites in orbit appears to have increased since DeHaemer made the presentation.
What’s the big deal about all of this, anyway?
In short, Starlink has the potential to provide fast, low-latency, affordable internet to people all over the globe, even those who are located in remote areas.
As DeHaemer points out in the presentation, billions of people around the world still don’t have access to high-speed internet. And traditional satellite internet, which is often seen as an alternative for those in rural areas, has typically been slow, unreliable, and expensive.
So long story short, DeHaemer seems to think that “Project Starlink 42k” is the solution.
And he said it could “impact almost every major industry that exists today,” citing several examples, including telehealth, e-commerce, real estate, and travel.
“Imagine what will happen to these industries when everyone on the planet suddenly has access to affordable high-speed internet.
The pandemic has already kick-started the growth of telehealth, but this industry is really going to explode once people everywhere around the world have access to it.
Online shopping and social media are going to become bigger than ever when three billion more people suddenly gain access to the internet.
And more people are going to be interested in wilderness real estate when they find out they can access the internet from anywhere on the planet.
Not to mention all the people who are going to want to travel to remote locations once they find out about ‘Project Starlink 42k’…”
As for the investment side of things, Starlink is owned by SpaceX, neither of which are public companies. So it’s not possible to invest in Starlink as of writing.
So, what’s DeHaemer pitching?
Chris DeHaemer is pitching a so-called “pick-and-shovel company” that he says builds the one thing essential to the success of “Project Starlink 42k,” the user terminals.
“The only problem with ‘Project Starlink 42k’ is that it’s not a public company, and neither is SpaceX.
So the best way you can profit from this upcoming trend is to invest in the pick-and-shovel company behind the revolution.
Luckily for you, I found the company that builds the one thing essential to the success of ‘Project Starlink 42k’…
The user terminals.”
What’s that? The Starlink user terminal features a rectangular-shaped dish (antenna) and router that’s used to access Starlink’s satellites, which are orbiting around the Earth.
And assuming you’re in a serviceable area, once the terminal is set up properly and you have an account, this is what allows you to access the Starlink satellite internet service.
What company makes the user terminal?
SpaceX.
According to tesmanian.com, SpaceX is currently manufacturing 45 Starlink satellites and 5,000 user terminal antennas per week in its Redmond, Washington facility.
That said, there is a different company that has reportedly made some of the components for the user terminals, and this appears to be the company DeHaemer is teasing.
So let’s dig into that now…
What’s Chris DeHaemer’s “Project Starlink 42k” Pick?
According to Chris DeHaemer, the company he’s teasing is vital to “Project Starlink 42k” (AKA Starlink) and is “set to build one million terminals for it.”
“And the one company that’s vital to getting Elon Musk’s ‘Project Starlink 42k’ off the ground is set to build one million terminals for it.”
What could this company be?
According to an April 2021 businessinsider.com article, “SpaceX signed an agreement” with STMicroelectronics a few years ago to build the terminals, which a “person with knowledge of the deal” reportedly told Insider. The same article also states that “SpaceX may be paying $2.4 billion to produce 1 million Starlink terminals.”
Of course, that’s not proof of anything.
But Business Insider is a trusted news site, so it’s something.
What’s more, a 2020 teardown video of SpaceX’s old (circular) user terminal by Ken Keiter on YouTube suggests that STMicroelectronics may have made some of its components:
To be clear, I’m NOT saying that STMicroelectronics makes Starlink user terminals. I have no idea. And there doesn’t appear to be ANY publicly available evidence confirming any “agreement” between SpaceX and STMicroelectronics.,
So for the most part, it’s hearsay.
Nevertheless, the Business Insider article I linked to above appears to be what DeHaemer’s “build one million terminals” statement is based on, which indicates that his “Project Starlink 42k” pick could be STMicroelectronics N.V.
And the other clues he shared match this company, too.
For example, DeHaemer said that the company he’s teasing has “100,000 customers in total” and “11 manufacturing sites” that “master all aspects of the semiconductor supply chain.”
“This company supplies every major company with circuits and sensors — 100,000 customers in total.”
[…]
“This company’s 11 manufacturing sites master all aspects of the semiconductor supply chain and offer its customers the quality, flexibility, and supply security they need.”
As for how those clues match…
STMicroelectronics is a multinational electronics and semiconductors manufacturer headquartered in Switzerland. And according to this 2020 document, the company had more than 100,000 customers worldwide and 11 main manufacturing sites back then.
However, according to more recent information on the company website, it currently has 200,000 customers and “14 state-of-the-art manufacturing sites.”
So I’m not sure when DeHaemer made the Project Starlink 42k presentation, but some of what he said appears to be outdated.
Either way, his clues seem to match STMicroelectronics, including the one about its stock being a “fraction of the price of either Amazon’s or Facebook’s.”
So, I believe his “Project Starlink 42k” pick is STMicroelectronics (ticker: STM).
That’s my best guess, anyway. And the only way to find out what company he’s teasing for sure would be to see his report, titled “The Backdoor Way to Profit From Elon Musk’s Greatest Company,” which comes with a Bull and Bust Report subscription.
Recommended: Go here to see my #1 rated stock advisory of 2024
What Is The Bull and Bust Report?
The Bull and Bust Report is an investment research service headed up by Christian (Chris) DeHaemer of Angel Publishing, where you can access his latest picks and research.
As a subscriber, you get the report I mentioned earlier detailing DeHaemer’s “Project Starlink 42k” pick and monthly newsletters that share his latest recommendation. You also get other reports he’s put together, access to the model portfolio, and other resources.
How much does it cost? The Bull and Bust Report service retails for $249, but the price depends on where you sign up. For instance, the presentation we’ve discussed states that you can join for $99 for 12 months.
As for the guy behind it, Christian DeHaemer, I’ve written about a couple of other stock teasers he’s released, both of which were focused on semiconductor companies.
Most recently, I wrote about a so-called “linchpin technology” company he teased. So if you want to get a better idea of the types of companies he recommends, check that out.
Bottom Line
The “Project Starlink 42k” presentation is all about a company that Chris DeHaemer claims is “vital to helping Musk’s project come true” and is “set to build one million terminals for it.”
What’s my opinion about all of this?
On the one hand, I think Starlink is a great project and one that could have a hugely positive impact on the world since it has the potential to bring high-speed, low-cost internet to a lot more people who otherwise wouldn’t have had it.
However, as for what companies are “vital” for making this project a reality, that part is speculation. As mentioned, there is an article on Business Insider that mentions an “agreement” between SpaceX and STMicroelectronics, but to the best of my knowledge, nothing has been officially announced by either company.
Either way, regardless of what company Chris DeHaemer is teasing or what it may or not be working on, there’s no guarantee you’ll make money following his recommendation. So I wouldn’t sign up for the service expecting to get rich.
That’s my take, anyway.
Let me know your thoughts in the comment section below.
And thanks for reading!
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