3 Stocks for the Space Race

From space tourism to satellites, there are plenty of opportunities for investors wanting to explore the final frontier

James Gard 21 June, 2021 | 9:39AM
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SpaceX rocket launching

From the first moon landings, space exploration has gripped the human imagination. It’s no coincidence that the world’s richest men, Tesla’s Elon Musk and Amazon’s Jeff Bezos, are ploughing their personal fortunes into the next space race. One lucky space tourist has just paid $28 million to join Bezos on his first trip to space on July 20. While that’s out of most people’s budgets, can investors still make money from travelling (virtually) with the “rocket billionaires” to the final frontier?

How to Invest in the Space Race

This a broad investment area but not all companies are listed, meaning that there’s a limited opportunity set for investors at the moment as the sector develops. Space tourism is currently attracting a lot of hype, but Elon Musk’s SpaceX and Bezos’s Blue Origin are as yet unlisted on the stock market, leaving Richard Branson’s Virgin Galactic (SPCE) as the only option available to public investors.

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About Author

James Gard  is content editor for Morningstar.co.uk