Is it worth participating in the Space Race? Or are investors in the Space Race simply struggling with the Space Race? While NASA (and now civilians) are exploring space, space-specific stock markets are exploring, whether or not they believe in UFOs and other planetary extraterrestrial life forms.
In June, the Pentagon assigned a government task force to investigate “unidentified flying objects” or UAPs. It reported hundreds of cases of unidentified flying objects. The Task Force was unable to provide evidence that they were in a different world, but senior government officials suggested that almost all cases remained unexplained.
Andrew Chanin, Co-Founder and CEO of Procedure Funds, the company behind UFO ETF, said: CBS.. “We are really just scratching the surface of what we know.”
That’s exactly what he says. We know very little and we have a lot to learn, which creates opportunities.
In addition to investigating UAP sightings, the space industry is literally soaring into unknown territory with its first private spaceflight, Inspiration4. Jeff Bezos also took the first flight of Blue Origin’s New Shepard into space in a millionaire space race.
In the midst of this increase in innovation and quest, the Space Foundation, a non-profit advocate, estimates that the global space industry will be $ 423.8 billion in 2020, with commercial space revenues accounting for the majority of space activity. I reported. Bank of America also predicts that industry revenues will increase by 230% to $ 1.4 trillion in 2030. Already, the industry has grown at an average annual rate of 10.6% in the last two years alone.
Companies like SpaceX, Virgin Galactic, and Blue Origin all exist, but the average retail investor is barely accessible or expensive. In 2019, the Procedure Space ETF, traded under the Ticker UFO, provided investors with an easy and diverse way to invest in the evolving space industry. Exchange Traded Funds are made up of 30 companies in the industry.
Other non-space-specific holdings of ETFs include navigation leader Garmin, mobile mapping company Trimble, and satellite maker Maxar. The satellite carriers DISH and SiriusXM are also included in the ETF. This is because most of the expected revenue can come from broadband carriers alone.
“Space is an industry that I’ve been fascinated by for a long time, but now is the only time I have enough inventory in a distributed index,” Chanin said. CNN..
The SPDR S & P Kensho Final Frontiers ETF owns Virgin Galactic, primarily among companies in the aerospace and defense industries. Meanwhile, the Ark Space Exploration and Innovation ETF has similar securities, including Amazon and Google stocks that invest in SpaceX.
Investors seeking exposure to space space While you may be cautious about buying stock in a particular company, investing in an ETF is a surefire way to enter the industry without the risk of betting on the success of one company in an unmapped domain. It is one of. These ETFs also hold shares from the crossover industry, which at least offers the benefits of diversification.
In addition, the surge in new space stock is the result of SPAC, a special purpose acquisition company, sometimes referred to as a “blank check company.” By merging with an already publicly available shell company, SPAC provides a means for private companies in this area to go public without an IPO. Read: Astra Space published through Holicity. Momentum through stable road capital; Rocket Lab with Vector acquisition, Red Wire Space via Genesis Park. Virgin Orbit via NextGen Acquisition II etc.
Whether or not the aliens are genuine, these opportunities are numerous.
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