Space sector stocks have soared
Chart of the Week - Space Stocks
While most people are focused on AI stocks and Big Tech, this equal-weighted basket of space stocks* is up 17x off the low point in late-2022.
This reflects some major strides that several of these companies are making as the commercial space sector goes from dream to reality, but a key part of the more recent run-up is also down to anticipation of the SpaceX IPO.
My personal view is the commercial space sector and space economy will one day be much larger than even some of today’s biggest themes and sectors, and has a lot of growth ahead.
So I reckon this is something to pay more attention to if it’s not yet on your radar, and it’s probably still early days in this story…
$Rocket Lab USA, Inc.(RKLB)$ $Intuitive Machines(LUNR)$ $Redwire Corp.(RDW)$ $Voyager Technologies, Inc.(VOYG)$ $AST SpaceMobile, Inc.(ASTS)$ $Planet Labs Pbc(PL)$ $Firefly Aerospace Inc.(FLY)$ $Spire Global Inc.(SPIR)$ $BlackSky Technology Inc.(BKSY)$ $EchoStar(SATS)$
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