Virgin Galactic (NYSE: SPCE) – Space Rush

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. 📈

Luka Marjanovic

Partner

Luka holds a Bachelor’s in International Business and a Master’s in International Management. During his undergraduate studies he founded his own consulting firm, providing services to local SME's in various sectors; following and investing in the capital markets; as well as working as a research assistant in the field of Big Data. Prior to his education, he served as Second Sergeant in the Danish Royal Army, leading and managing a group, under extreme pressures and conditions. Luka has spent significant time abroad, living and working in seven different countries. When he's not in the office, he's chasing the next gusts windsurfing, carving the mountain snowboarding or out in the forest for a jog.

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