1221 ET - The takeoff of the space sector -- and the industrial gasses space companies need to launch rockets -- could meaningfully boost Linde's growth over the next several years, UBS analysts write. They revise their total estimate for Linde's commercial space sales through 2030 from nearly $3 billion to around $1.3 billion, based on a lower starting sales point. Including the commercial aerospace business, that number rises to around $2.2 billion, which would represent an additional 30 to 70 basis points of annual growth for the full company. Space stocks have rallied in recent weeks, fueled by excitement around the SpaceX initial public offering. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
June 16, 2026 12:21 ET (16:21 GMT)
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