Space Stocks, Upstart Space Companies Look To The Moon, Mars Investor’s Business Daily

The list of space exploration stocks continues to grow thanks to SPACs helping space startups go public quickly. Below is a list of some of the major space stocks investors can consider now. There are those that have focused on launch satellites for commercial and government customers. Then there are companies that build rockets or supply components used in making rockets. Some companies focus on offering space tourism, while others offer space services like satellite communications.

• Justin Pope has no position in any of the stocks mentioned.
• Ark already owns 7 ETFs focusing different industries such as 3D printing, robotics, and genomics.
• Founded by serial entrepreneur Richard Branson, the company has been public since a 2019 deal to merge with a special purpose acquisition company (SPAC) run by another famous investor, Chamath Palihapitiya.
• Their average price target hits $7, implying almost 75% upside potential.
• However, a few platforms occasionally offer a secondary market that allows accredited investors to buy shares in pre-IPO companies, like SpaceX.

Rocket Lab has also invested in diversifying its operations into providing additional space-related solutions. Elon Musk controls the company and owns a significant stake. It’s one of Musk’s top investments, with reports estimating that he holds between 40% and 50% of its shares.

New Space Stocks: Maxar, Rocket Lab

It built components for the Mars Perseverance rover, which landed last February, and the Mars InSight, which landed in November 2018. Bezos and his brother flew on New Shepard’s first crewed flight last July. Star Trek actor William Shatner also flew on a Blue Origin mission, becoming at age 90 the oldest person in space.

Smaller and new space stocks are leaving their mark on the new space race too. Maxar Technologies (MAXR) will build the first components of NASA’s Lunar Gateway space station. On May 25, satellite-imagery companies Maxar, Planet Labs and BlackSky Technology (BKSY) won contracts worth billions of dollars over the next decade. «With Russia’s Soyuz rockets no longer allowed to fly European missions, the launch market will grow increasingly tight through mid-decade,» Deutsche Bank analyst Edison Yu wrote in a May 17 note. He expects that to benefit some new space companies, like Rocket Lab. Blue Origin is Bezos’s space exploration company that focuses on tourism and other programs.

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Its installed base includes approximately 36,000 auxiliary power units, 25,000 engines, 20,000 wheels and brakes, 20,000 flight management systems and 10,000 units of communication hardware. We believe its technology advantage is due to above-average spending on research and development (R&D). For example, in key aerospace businesses, HON spends 4.5% of sales on R&D compared to 2-3% spending by most competitors. “This quarter we are highlighting Honeywell (HON) as a relative yield example within Industrials. HON is a leading industrial conglomerate with an increasing focus on software and automation.

Employees and venture capital investors own the rest of the company’s shares. To put the numbers in some perspective, the S&P 500’s sales per share are expected by analysts to increase at a weighted CAGR of 5.1% from 2023 through 2025. But SpaceX is privately held, which means most investors cannot ride along with its success.

• It has delivered more than 2,750 Starlink satellites to date.
• A common definition of space is the Karman Line, the imaginary boundary 100 kilometers (62 miles) above the sea level.
• In some cases, there is no forward P/E ratio because earnings over the next 12 months are expected to be negative.
• Industrial companies span several subsectors of the economy they support.
• But it is a strong, established blue chip in the closely related aerospace industry.
• Per Gurufocus, the company posted revenue of $86 million atop a net loss of $6 million.

The company recently announced the completion of its assembly for the first AR1, a new rocket engine funded by the US Air Force. However, the company does not expect to test-fire until https://1investing.in/ late 2022. The company highlighted that AR1 is ideally suited to meet the market needs. SPCE stock once again rose in December in anticipation of a test flight of VSS Unity.

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That provides employees with liquidity for their shares so that the company doesn’t need to complete an IPO to allow insiders to sell shares. As of mid-2023, SpaceX didn’t have an initial public offering (IPO) on the calendar. Musk said in April 2023 that SpaceX doesn’t need to raise capital to finance its investment programs, so it doesn’t need to complete an IPO to bring in money from outside investors to finance growth. Leaving the list in the same order, here’s a summary of analysts’ opinions of the stocks.

With its ambitious goals and groundbreaking achievements, SpaceX has captured the attention of investors worldwide. Investors’ interest in space exploration was further sparked when CEO Elon Musk, the world’s richest man and founder of Tesla (TSLA) and SpaceX successfully completed its first manned mission on May 30, 2020. This event made the company the first private company to launch astronauts for NASA.

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The navigation and communications provider enabled by GPS technology was founded in 1989. The company was awarded the Supplier of the Year award from Embraer. Recently, the company announced the acquisition of all the asses of GEOS worldwide limited subsidiaries. Brad Trenkle, vice president of Garmin’s outdoor segment said the acquisition will enable them to provide more peace of mind to their users.

On April 12, 1961 history was made when Russian cosmonaut, Yuri Gagarin became the first human in space. Virgin Galactic Holdings (SPCE -6.83%) is an aerospace and space travel company founded by well-known entrepreneur Richard Branson. It pioneered human spaceflight for private individuals and researchers. However, there is some speculation that the company would take its Starlink satellite internet business public. Meanwhile, the company has an active internal trading program to allow employees and existing investors to sell shares. SpaceX had an agreement with new and existing investors to sell as much as $750 million of stock from insiders at $81 per share in 2023.

List of space exploration stocks

It has a space business segment — including satellites, space transportation, and defense systems — that accounted for almost a fifth of total revenue in 2020. Meanwhile, in the legacy space industry, Boeing (BA) is building its own space taxis and the most powerful rocket ever. NASA is working with both established space stocks like Lockheed Martin (LMT) and upstart space companies to return astronauts to the moon and Mars.

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Learn how to invest in SpaceX indirectly considering this pioneering space travel startup is not listed on a public stock exchange. Explore various investment options such as venture capital funds, mutual funds, or private equity firms that have invested in SpaceX. NOC was mentioned in an article of the 10 Most Powerful Militaries in the World in 2020. During the third quarter of 2020, the global aerospace and defense technology company announced a sales increase of 7 percent to $9.1 billion from $8.5 billion in the third quarter of 2019. Our thesis on HON is that it will successfully leverage its software technology across its huge installed base of customers and products.

The top hedge fund holder of this stock is Seth Klarman’s Baupost Group, which had over $560 million invested in the stock at the end of September. The company’s share price once again rose above $30 difference between horizontal and vertical line on Thursday following the news that ARK Investment Management is planning to launch a space-themed ETF. Industry experts believe that the said ETF will certainly add Virgin Galactic to its portfolio.