The estimated $400 billion space economy is still largely dominated by large aerospace and defense companies, serving government-funded interests.
Nevertheless, few of the usual suspects have entered and revamped/disrupted the old government fuelled space industry. SpaceX, Blue Origin, Rocket Lab, Virgin Galactic just to mention a few.
Private capital, nearly $25 billion of it, has pushed the space companies forward in the past decade, according to investment firm Space Angels.
And this is just the beginning.
Only a handful are publicly listed and available to investors.
CNBC simplifies investor opportunities into four categories: Human spaceflight, national security, satellite communications, and imagery and data analysis.
Procure Space ETF (UFO) is, for the moment, one of the better ways to get exposure these categories of pure-players and companies with space exposure.
Human spaceflight is by many viewed as the catalyst to a significant capital injection that will further develop the industry.
We see Virgin Galactic (NYSE: SPCE) as a strong candidate to lead the human spaceflight expansion.
With Virgin Galactic’s long learning history and under the capable wings of the all-prevailing Sir Richard Branson, it is almost certain the company will achieve greatness.
$50 target in 2020. ?
