Like the Doomsday Clock, pointed the other way. Each rung has an editorial weight, published here to be argued with, and a dated, sourced status. Done rungs count in full, rungs in progress count in part. The number moves only when a rung flips.

243 orbital attempts since Jan 1, 7 failed or partly failed. By this date in 2025: 232 reached orbit of 238 attempts; 2025 ended with 315. Oct so far: 10.

The Dew Point is the ladder: it moves only when a rung flips, a few times a year, and says how far we have climbed. The Dew Pulse is the heartbeat beside it: every launch that has reached orbit anywhere in the world since January 1, counted from Launch Library and refreshed every six hours. It climbs through the year and starts again at zero every January 1, like a season's tally. It is a measurement, not a judgement. It says how fast the world is getting to orbit, which is the floor every rung on the ladder stands on. Suborbital flights are not counted. Source: Launch Library 2 (The Space Devs). How it is counted, rule by rule, is on the Methodology page; the ladder itself, and every move it has made, is on the scorecard.

LEDGER

Every change to a conviction score, velocity, signal, ownership or the Dew Point, newest first, with the reason it moved. Nothing here is edited after the fact; a correction is a new line.

0 of 50 conviction scores have not been reviewed in 2 months or more. When they are re-reviewed, each change lands here with its reason.

Each public name's close on the first session on or after the SpaceX listing day, against its latest close. Price only, no dividends, not a recommendation.

Source: daily closes in /data/closes.json (Finnhub from Aug 19, 2026). Intraday quotes as of 2026-10-16.

POSITIONS

No positions are disclosed on this page yet. When they are, they will be listed here with the date they were taken or closed, because a score with the author's money behind it reads differently from one without. Nothing on SpaceDew is financial advice.