• SpaceX is not accepting Transporter reservations beyond late 2028 or early 2029.
• The manifest for the next couple of years is nearly full.
• Small satellite operators are scrambling to find alternative launch options.
• Launch prices are expected to rise due to capacity shortages.

The shortage of launch capacity may indicate a significant bottleneck in the growth of the small satellite industry, which could have trickle-down effects on constellation plans and startup viability. This suggests that satellite operators may need to adapt their business models to account for higher launch costs and reduced availability, which could favor established players with deeper pockets.