Space Business Podcast

#146 | Space Financing | Justin Stevens, Overlap Holdings


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Is the space sector actually financed in the right way? That’s probably the main question I’m discussing with my guest Justin Stevens, founder and CEO of the investment firm Overlap Holdings. He spent 18 years at Apollo Global Management, a very prominent private equity firm. So he’s a Wall Street guy like me and, I think, qualified to voice an opinion on this questions which we may not ask enough. Enjoy!

 

🕰️ Timestamps: 

00:00 - Introduction 

01:08 - Guest Intro 

02:31 - Overlap Holdings Name Origin and Activities

03:43 - Capital Solutions and Government Solutions

06:24 - The Role of Debt in Frontier Tech

12:08 - Types of Debt and Their Applications

21:21 - Government Contracts and Lending

23:30 - Navigating Government Lending Challenges

24:00 - Leveraging a Detailed Lender Database

27:05 - The Importance of Government Financing

30:12 - The Evolution of Space Investing

33:57 - Investor Perspectives on Space

36:09 - Founding Overlap and Investing in Frontier Technology

39:17 - Future of Space and Investment Strategies

43:29 - Hypothetical Space Startup Ideas

46:09 - Science Fiction

 

📍 About the Guest:

Justin is a seasoned investor and operator with over 18 years as a Senior Partner at Apollo Global Management, where he developed deep expertise in financial structuring and investment management. He has invested in, built, advised, and overseen organizations ranging from early-stage frontier tech startups to large, publicly traded companies. With a strong network across finance, industry, and government, Justin brings a multidisciplinary approach to navigating complex markets and driving long-term value across sectors.


🔗 Connect with Justin:

🤝 LinkedIn: https://www.linkedin.com/in/justinstevensny/


 

🔗 Follow us:

🏠Website : https://www.e2mc.space/

🤝🏻LinkedIn : https://www.linkedin.com/company/space-business-podcast/

🌐Socials: https://linktr.ee/spacebusinesspodcast  

 

🔗 Follow Raphael:

🔷LinkedIn -  https://www.linkedin.com/in/raphaelroettgen

🌐Instagram - https://instagram.com/raphael_space/

 ◇  Twitter/X - https://x.com/RaphaelE2MC

 

To Learn more about Space & the Space Economy:

  1. "To Infinity" – Raphael’s Revised Introduction to the Space Economy
  2. This book provides an insightful look into the space economy, its current trends, and future opportunities.
    📚 https://a.co/d/6jIQ2LO
  3.  edX/EPFL's Space Economy MOOC
  4. This course offers a detailed understanding of the New Space Economy, covering key concepts and market developments.
    🎓 https://www.edx.org/course/new-space-
  5. Space Business Newsletter
  6. 📬 https://spacebusiness.substack.com/

     

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