Space: The Next Frontier In Investing

TL;DR

Virgin Galactic's IPO and billionaire space initiatives are shaping the space industry, with potential for future public offerings from SpaceX and Blue Origin.

Transcript

well space is the next frontier in investing and between Virgin Galactic's recent IPO Elon Musk's ongoing space ambitions and the recent creation of the u.s. space force there's a lot going on right now that's literally out of this world and here now to break down this theme in more detail is Andrew Chan and he is the CEO of procure a.m. thanks so ... Read More

Key Insights

• 👾 Virgin Galactic's IPO brings space investing opportunities to retail and institutional investors, allowing them to participate in the growth of space tourism and hypersonic travel.
• ℹ️ The decisions of SpaceX and Blue Origin to go public will depend on their leaders' experiences and funding sources, both of which differ between the companies.
• 🛰️ The UFO ETF provides a means to invest in various space-related companies, with a focus on satellite and communication firms that contribute to everyday life and technology trends.
• 🛩️ Reusable rockets and lighter satellites are changing the dynamics of the space industry, reducing costs and creating opportunities for smaller startups to thrive.
• 👾 The ETF's index constantly evaluates and includes emerging space companies, offering investors exposure to the evolving space economy.

Questions & Answers

Q: How has Virgin Galactic's IPO impacted the space industry?

Virgin Galactic going public has made space investing accessible to retail and institutional investors, boosting interest in space tourism and hypersonic travel. Research houses have high expectations for the company, indicating a growing belief in its viability.

Q: What are the possibilities of SpaceX and Blue Origin having public offerings?

While it's uncertain, Elon Musk's experience with Tesla as a publicly traded company and Jeff Bezos' large spending on Blue Origin suggest that public offerings are not out of the question. Their aspirations and funding sources differ, so the decision depends on what fits best for each company.

Q: What companies are included in the UFO ETF?

The UFO ETF provides exposure to various space-related companies, particularly satellite companies and communication firms. Major holdings include Mac star, SES, and Intelsat. The fund is diversified with components from the aerospace and defense sector as well.

Q: What direction do you expect the space industry to take in 2020?

The industry's direction is challenging to predict, but emerging technologies like reusable rockets and smaller, lighter satellites are creating an environment for smaller startups. This could lead to more emerging companies entering the space sector, with the larger publicly traded companies as benchmarks for demand and success.

Summary & Key Takeaways

• Virgin Galactic's entry into the stock market allows retail investors and institutions to participate in the space industry, particularly in space tourism and hypersonic travel.

• Elon Musk's SpaceX and Jeff Bezos' Blue Origin may consider public offerings in the future, influenced by their own experiences with publicly traded companies and funding sources.

• The UFO ETF provides access to various space-related companies, including satellite companies and communication firms, which play crucial roles in everyday life and industries such as 5G and cloud computing.