What Will It Take for Space Stocks to Win Over Investors in 2022?

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What Will It Take for Space Stocks to Win Over Investors in 2022?

Bloomberg2021-12-30

Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...

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Mr. T
·2021-12-31
We need something that produces results with actual output.
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2
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Ssimsim
·2021-12-31
Well
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1
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Lenny Sari
·2021-12-31
Like
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kevinlaisq
·2021-12-31
Pls like
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Hadif
·2021-12-31
😲
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2
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h20_mako
·2021-12-31
🤔
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KwLau
·2021-12-31
Some celebrities or tycoons need to fly to the space again.
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KFChen
·2021-12-31
Not sure
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xiaobaii
·2021-12-31
like & comment please
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3
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vic78
·2021-12-31
👍👍
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V K
·2021-12-31
Pls like tyvm[Happy]
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LongZR
·2021-12-31
Nice
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wallflowere
·2021-12-31
Like pls
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- Ssimsim:
  Ok
  2021-12-31
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Evonne9198
·2021-12-31
👍🏻
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Andrew cub
·2021-12-31
Cool n the gang
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claratan
·2021-12-31
Wow
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lingnh
·2021-12-31
K
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KK2021
·2021-12-31
Pls like
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Aloynty
·2021-12-31
Rises likely will be tied to successful launches whilst drops will be tied to failures to, or even crashes. Still, it’s one to watch
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schipperde
·2021-12-31
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UFO","symbol_name":"Procure Space ETF","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","article_id":"1194228505","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","pubTimestamp":1640878332,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"UFO":"Procure Space ETF","SPCE":"维珍银河","TSLA":"特斯拉","SPIR":"Spire Global Inc.","ASTR":"Astra Space"},"translate_title":"太空股要在2022年赢得投资者，需要什么？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ASTR":0.9,"SPCE":0.9,"SPIR":0.9,"TSLA":0.9,"UFO":0.9},"content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9003113927,"gmtCreate":1640908602936,"gmtModify":1676533552984,"author":{"id":"3580699589385230","authorId":"3580699589385230","name":"Mr. T","avatar":"https://static.tigerbbs.com/ffcbb09604bf679c78d4b172e4ad0c39","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":0,"idStr":"3580699589385230","authorIdStr":"3580699589385230"},"htmlText":"We need something that produces results with actual output.","listText":"We need something that produces results with actual output.","text":"We need something that produces results with actual output.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003113927","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003136071,"gmtCreate":1640907854310,"gmtModify":1676533552744,"author":{"id":"3574204999726623","authorId":"3574204999726623","name":"Ssimsim","avatar":"https://static.tigerbbs.com/a43eabdde1f739ca3b75e3dbfb7f3531","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574204999726623","authorIdStr":"3574204999726623"},"htmlText":"Well","listText":"Well","text":"Well","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003136071","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003133782,"gmtCreate":1640907650153,"gmtModify":1676533552705,"author":{"id":"4101864922461960","authorId":"4101864922461960","name":"Lenny Sari","avatar":"https://static.tigerbbs.com/24348ddf29c764e6bd01343eba2e92e4","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4101864922461960","authorIdStr":"4101864922461960"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003133782","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003130748,"gmtCreate":1640907416147,"gmtModify":1676533552652,"author":{"id":"3572874548548490","authorId":"3572874548548490","name":"kevinlaisq","avatar":"https://static.tigerbbs.com/329de1199f764a89b7cadf50308e183d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572874548548490","authorIdStr":"3572874548548490"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003130748","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003196684,"gmtCreate":1640906700262,"gmtModify":1676533552544,"author":{"id":"3583290237736083","authorId":"3583290237736083","name":"Hadif","avatar":"https://static.tigerbbs.com/a5d7ebf19bb671c7b0a36bf63db5d4a2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583290237736083","authorIdStr":"3583290237736083"},"htmlText":"😲","listText":"😲","text":"😲","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003196684","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003193600,"gmtCreate":1640906053736,"gmtModify":1676533552463,"author":{"id":"3585385530619181","authorId":"3585385530619181","name":"h20_mako","avatar":"https://static.tigerbbs.com/815dd8430435288774e9be0c03637f83","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585385530619181","authorIdStr":"3585385530619181"},"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003193600","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":692806390,"gmtCreate":1640905986086,"gmtModify":1676532503491,"author":{"id":"4089283228527040","authorId":"4089283228527040","name":"KwLau","avatar":"https://static.tigerbbs.com/3567f7deb6e5deddb9f398f87ddcc087","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089283228527040","authorIdStr":"4089283228527040"},"htmlText":"Some celebrities or tycoons need to fly to the space again.","listText":"Some celebrities or tycoons need to fly to the space again.","text":"Some celebrities or tycoons need to fly to the space again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/692806390","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":9003107284,"gmtCreate":1640905584570,"gmtModify":1676533552391,"author":{"id":"3576990193651421","authorId":"3576990193651421","name":"KFChen","avatar":"https://static.tigerbbs.com/6830fa3fe8a82d29953fbb2e6153801e","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3576990193651421","authorIdStr":"3576990193651421"},"htmlText":"Not sure","listText":"Not sure","text":"Not sure","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003107284","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003102250,"gmtCreate":1640905007601,"gmtModify":1676533552320,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"htmlText":"like &amp; comment please&nbsp;","listText":"like &amp; comment please&nbsp;","text":"like & comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003102250","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003108393,"gmtCreate":1640904603257,"gmtModify":1676533552263,"author":{"id":"3584874174562489","authorId":"3584874174562489","name":"vic78","avatar":"https://static.tigerbbs.com/d4dc3bd30cec435b0345175f72eeb4dc","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3584874174562489","authorIdStr":"3584874174562489"},"htmlText":"👍👍","listText":"👍👍","text":"👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003108393","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003101779,"gmtCreate":1640904580306,"gmtModify":1676533552254,"author":{"id":"3577323914202336","authorId":"3577323914202336","name":"V K","avatar":"https://static.tigerbbs.com/536d624e5750dcffec704eeed9bc003b","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"idStr":"3577323914202336","authorIdStr":"3577323914202336"},"htmlText":"Pls like tyvm[Happy]&nbsp;","listText":"Pls like tyvm[Happy]&nbsp;","text":"Pls like tyvm[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003101779","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003103736,"gmtCreate":1640904501931,"gmtModify":1676533552231,"author":{"id":"3572305441240915","authorId":"3572305441240915","name":"LongZR","avatar":"https://static.tigerbbs.com/80b6c7bb6866455f69d500fddb520c7e","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0,"idStr":"3572305441240915","authorIdStr":"3572305441240915"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003103736","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":692801367,"gmtCreate":1640904402000,"gmtModify":1676532503450,"author":{"id":"3579733246085840","authorId":"3579733246085840","name":"wallflowere","avatar":"https://static.tigerbbs.com/a5072464fdb4037d83d403dc2e80c19c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3579733246085840","authorIdStr":"3579733246085840"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/692801367","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":100067009,"gmtCreate":1640907843389,"gmtModify":1663241728425,"authorId":3574204999726623,"author":{"id":3574204999726623,"idStr":"3574204999726623","authorId":3574204999726623,"name":"Ssimsim","avatar":"https://static.tigerbbs.com/a43eabdde1f739ca3b75e3dbfb7f3531","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.18","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":692801367,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":9003100216,"gmtCreate":1640904230716,"gmtModify":1676533552167,"author":{"id":"4103521610862830","authorId":"4103521610862830","name":"Evonne9198","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"4103521610862830","authorIdStr":"4103521610862830"},"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003100216","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003100855,"gmtCreate":1640904183059,"gmtModify":1676533552167,"author":{"id":"4097112435042780","authorId":"4097112435042780","name":"Andrew cub","avatar":"https://static.tigerbbs.com/b5a04c94ed8355d7edc5ccec2886a154","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1,"idStr":"4097112435042780","authorIdStr":"4097112435042780"},"htmlText":"Cool n the gang","listText":"Cool n the gang","text":"Cool n the gang","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003100855","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003100327,"gmtCreate":1640904130675,"gmtModify":1676533552199,"author":{"id":"3573731928321338","authorId":"3573731928321338","name":"claratan","avatar":"https://static.tigerbbs.com/9c6bbdac9048ff2e4b740f272576e2be","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573731928321338","authorIdStr":"3573731928321338"},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003100327","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003377249,"gmtCreate":1640904095990,"gmtModify":1676533552151,"author":{"id":"4087297789740060","authorId":"4087297789740060","name":"lingnh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4087297789740060","authorIdStr":"4087297789740060"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003377249","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003372956,"gmtCreate":1640903236453,"gmtModify":1676533551912,"author":{"id":"3575143606799200","authorId":"3575143606799200","name":"KK2021","avatar":"https://static.tigerbbs.com/e57decb2950e37ceb12176c97c9be2c4","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":8,"crmLevelSwitch":1,"idStr":"3575143606799200","authorIdStr":"3575143606799200"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003372956","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003371858,"gmtCreate":1640902272855,"gmtModify":1676533551847,"author":{"id":"3575873871496945","authorId":"3575873871496945","name":"Aloynty","avatar":"https://community-static.tradeup.com/news/8bc156c78f1b8fc5d20a5b2da3a5b6aa","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3575873871496945","authorIdStr":"3575873871496945"},"htmlText":"Rises likely&nbsp;will be tied to successful&nbsp;launches whilst drops will be tied to failures to, or even crashes. Still, it’s one to watch&nbsp;","listText":"Rises likely&nbsp;will be tied to successful&nbsp;launches whilst drops will be tied to failures to, or even crashes. Still, it’s one to watch&nbsp;","text":"Rises likely will be tied to successful launches whilst drops will be tied to failures to, or even crashes. Still, it’s one to watch","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003371858","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9003379913,"gmtCreate":1640901382563,"gmtModify":1676533551798,"author":{"id":"3575256482663287","authorId":"3575256482663287","name":"schipperde","avatar":"https://community-static.tradeup.com/news/0b7cf989e27b604b5a89d0ffc9453710","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3575256482663287","authorIdStr":"3575256482663287"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003379913","repostId":1194228505,"repostType":4,"repost":{"id":"1194228505","pubTimestamp":1640878332,"share":"https://ttm.financial/m/news/1194228505?lang=&edition=fundamental","pubTime":"2021-12-30 23:32","market":"us","language":"en","title":"What Will It Take for Space Stocks to Win Over Investors in 2022?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194228505","media":"Bloomberg","summary":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove","content":"<html><head></head><body><ul><li>Thin rosters of public companies turn in lukewarm 2021 returns</li><li>Tourism flights aren’t enough to prove it’s a real industry</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8140cdf7af3ca86cfd68c78da5aa66f\" tg-width=\"2000\" tg-height=\"1501\" referrerpolicy=\"no-referrer\"/><span>Elon Musk Photographer: Liesa Johannssen-Koppitz/Bloomberg</span></p><p>Space stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.</p><p>Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.</p><p>But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.</p><p><img src=\"https://static.tigerbbs.com/6016014c69a52502ab88d7ca1d3bb8db\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.</p><p>This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.</p><p>“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”</p><p>SpaceX didn’t respond to a request for comment.</p><p>Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.</p><p><b>Flying Blind</b></p><p>“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”</p><p>Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. </p><p>Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.</p><p>For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73b58e74acb6e3cae53d75758f9bdf4b\" tg-width=\"2200\" tg-height=\"1467\" referrerpolicy=\"no-referrer\"/><span>Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty Images</span></p><p>Virgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.</p><p>Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.</p><p>“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take for Space Stocks to Win Over Investors in 2022?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take for Space Stocks to Win Over Investors in 2022?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-30 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPIR":"Spire Global Inc.","SPCE":"维珍银河","ASTR":"Astra Space","UFO":"Procure Space ETF","TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-30/space-stocks-need-an-elon-musk-booster-to-win-over-investors?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194228505","content_text":"Thin rosters of public companies turn in lukewarm 2021 returnsTourism flights aren’t enough to prove it’s a real industryElon Musk Photographer: Liesa Johannssen-Koppitz/BloombergSpace stocks fizzled this past year despite their futuristic lure. Some Elon Musk-style boosterism, similar to what he did for the electric vehicle industry, might be just what they need to stage a 2022 turnaround.Musk has floated the idea of taking his SpaceX company public, and the parallel with EVs would be hard to ignore. Space exploration and electric vehicles both focus on a future that isn’t quite here yet, promising massive opportunities as new technologies evolve into viable companies.But while stocks tied to the EV revolution soared this year, space-focused names -- after some initial euphoria -- badly trailed the broad market. High-profile tourist flights by Richard Branson’s publicly traded Virgin Galactic Holdings Inc., and by Jeff Bezos’s privately held Blue Origin and Musk’s SpaceX, weren’t enough to overcome doubts about whether this is a real business or just a divertissement for billionaires.“From commercial space launches related to satellites and space tourism, or even more futuristic things like asteroid mining -- a lot of it is a completely unproven industry, and it is not clear how much demand there is,” said Jay Jacobs, head of research and strategy at Global X Management Co. What’s more, there aren’t many pure-play public companies apart from Virgin Galactic, said Jacobs, whose firm manages exchange-traded funds but hasn’t started one for space.This leaves the space sector without a clear front-runner or milestones that could help public investors judge progress. It doesn’t help that the companies trading on exchanges lack a charismatic cheerleader to focus the market’s attention. If Musk’s Space Exploration Technologies Corp. chooses to go public, that would solve some of those issues all at once.“It would be a tent-pole IPO,” said Nicholas Colas, co-founder of DataTrek Research. “It is that single asset that can focus people’s attention and make them understand what is space investing about. It isn’t about going to Mars or tourism, but getting hardware to space that is current, updated technology.”SpaceX didn’t respond to a request for comment.Musk is often credited with leading the automotive industry toward an electric future. It was only after Tesla Inc.’s runaway success last year -- both as a company and as a stock -- that other EV names really started garnering attention. Musk could do the same for space stocks, according to Andrew Chanin, chief executive of ProcureAM, which manages a space ETF.Flying Blind“When you see a company worth half a trillion dollars entering the markets, that is bound to get attract some attention for other stocks in that market,” Chanin said. “There is still a public misconception of what space is, how space affects us, and there is this massive educational curve that we still haven’t seen investors truly grasp.”Musk has been stirring the pot in Musk-like fashion, musing about turning carbon dioxide into spacecraft fuel, building massive rockets,going to Mars within a decade and the potential for bankruptcy in almost the same breath. Space tourism flights drew an outsized amount of news coverage, even though they just scratch the surface of the industry, Chanin said. The future promises commercial uses that could include applications in military and defense, telecommunications, mining, weather tracking and deep space exploration.For now, though, starry-eyed investors have been stuck in low orbit, and sometimes in a black hole. The Procure Space ETF -- which trades under the ticker UFO-- has gained just 6% for 2021, far behind the 28% jump in the S&P 500 Index.Richard Branson’s Virgin Galactic was one of the earlier space-focused companies to go public.Photographer: Drew Angerer/Getty ImagesVirgin Galactic tumbled 45% amid multiple delays to the start of commercial launches. Analysts collectively don’t expect an annual net profit for the company in the next three years. At satellite launch services provider Astra Space Inc.(down 35%) and space-based data and analytics company Spire Global Inc.(down 66%), analysts estimate their first annual profit will come around 2024.Still, riding the first stages has its advantages, as many early Tesla or Bitcoin investors would vouch.“You can think of space stocks in the last two years as kind of the dotcom bubble,” said DataTrek’s Colas. “There is an initial burst of enthusiasm, then interest dies off and then a couple years later you realize that maybe a lot of the seeds died but the ones that survived have become systemically important.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":378,"commentSize":30,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}