3 Space Stocks to Benefit From Increased Spending
Growing global investment set to turn space programs into trillion-dollar markets.
The last several weeks have seen major developments in the field of space exploration, including the historic flight of NASA’s Ingenuity helicopter on the surface of Mars, the first-ever powered flight on another planet. Other noteworthy events include SpaceX snagging a $2.9 billion deal from NASA to develop a human lander that will carry the next astronauts to the lunar surface and beyond. The week also marked the 60th anniversary of the first human in space.
If the list of active and upcoming projects is any indication, space-related activity is taking off like never before. And as mankind’s quest for a deeper understanding of space becomes more intense, a growing number of companies are jumping into the fray with an eye on commercial opportunities on the horizon. There’s now a space-themed exchange-traded fund for those wishing to bet on the commercialization of spaceflight.
Vikram Barhat does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
We’d like to share more about how we work and what drives our day-to-day business.
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.
How we use your information depends on the product and service that you use and your relationship with us. We may use it to:
To learn more about how we handle and protect your data, visit our privacy center.
Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.
To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
Read our editorial policy to learn more about our process.