In this edition of Co-Founder James Parker’s Quartermaster, he compares today’s space economy to America after the transcontinental railroad, arguing that SpaceX has built the key infrastructure for growth. He believes the biggest opportunities now lie in businesses built around that infrastructure, and that a future SpaceX IPO could drive major investment and accelerate the sector’s expansion.

In a previous edition of Quartermaster, I explored the rationale for imposing harsher tax treatment on capital investments in adversarial economies—the proverbial stick. Now, let’s talk about the carrot...

James Parker shares how targeted tax incentives can drive private capital toward critical national security technologies, strengthening America’s defense innovation base.

James Parker examines Elon Musk’s network of companies, from SpaceX and Tesla to Neuralink and The Boring Company, discussing how they may all serve a single unified mission to build the technology needed to make human life on Mars possible.

James Parker examines how an inverted yield curve signals the resilience of defense investments, showing that defense spending typically rises during economic downturns.

James Parker critiques the “Selectable, Not Funded” label for deterring private investment and calls for clearer communication to strengthen national security innovation.

Chris Lay explains how investing in the US national security sector offers durable, uncorrelated returns, making it a smart diversification strategy in volatile markets.

James Parker dives into how the IRS’s Section 174 ruling could hinder US defense innovation by increasing tax burdens on early-stage tech companies and discouraging private investment in national security.

Learn how Leonid Capital Partners helps government contractors maintain cash flow and continue operations during a government shutdown.

Jeff Chang details how government invoice factoring helps contractors improve cash flow and what’s required to qualify.

Steve Gonzalez Bueno explains how Leonid Capital Partners helps small businesses grow by offering tailored financing to fulfill government contracts.

Chris Lay explains how investing in the US national security sector offers steady, uncorrelated returns and new opportunities among emerging defense and technology companies.

James Parker explains the difference between government invoice factoring and contract financing and how Leonid Capital Partners provides tailored solutions to help contractors access capital and manage cash flow.

James Parker explores why traditional banks avoid financing government contracts and how Leonid Capital Partners offers flexible solutions that help contractors access capital without personal guarantees.

Learn how Leonid Capital Partners helped AguaCulture Technologies scale its innovative, sustainable water management solution.

Learn how Leonid Capital Partners helps small businesses grow through government contracting with flexible financing and expert support.

Learn how Leonid Capital Partners, a DoD Trusted Capital Provider, helps businesses access financing to fulfill government contracts and advance US defense innovation.

Learn how Leonid Capital Partners helps small businesses bridge funding gaps for SBIR and STTR awards.

Learn how Leonid Capital Partners helps small and midsize businesses finance government contracts.