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Cathie Wood Could Be Launching A Space Exploration ETF
Wednesday, January 13, 2021 - 6:03pm | 520One of the most popular names in the investing world for 2020 was Cathie Wood. The ARK ETFs were among the top-performing ETFs in 2020 and have become widely followed by retail traders. What Happened: On Wednesday, Ark Investment Management filed an offering for the Ark Space Exploration ETF under...
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Space Race: The Top Players In A Market That Could Be Worth $1.4 Trillion By 2030
Monday, September 28, 2020 - 1:50pm | 707Bank of America is out with a guide to the commercial space market and the major companies involved. The Space Market: Bank of America’s Ronald J. Epstein believes the commercial space market will hit $1.4 trillion by 2030. Epstein cites increased defense spending, growth in satellites, space...
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20 Tesla Employees Worked At SpaceX Ahead Of NASA Astronauts Launch
Friday, May 29, 2020 - 8:45am | 360Tesla Inc. (NASDAQ: TSLA) in a filing with the Securities and Exchange Commission on Thursday revealed it temporarily assigned about 20 of its employees to the Space Exploration Company, better known as SpaceX. What Happened The automaker didn't say when the workers were transferred, or for how...
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3 ETFs For Investors Looking To Access The Final Frontier
Thursday, May 28, 2020 - 10:09am | 636SpaceX's launch of NASA astronauts aboard the SpaceX Crew Dragon was scrubbed Wednesday due to poor weather, but it's rescheduled for Saturday and the event is renewing interest in space-related investments. In a world littered with thematic exchange-traded funds, best believe there are...
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Why Space Industry Awareness, Excitement Could Launch Virgin Galactic Even Higher
Tuesday, March 3, 2020 - 2:40pm | 546As private companies get closer to the reality of the next human landing on the moon — and the possibility of the beginnings of colonization there — and to space tourism for regular people, increased news coverage and public awareness should be good for the only publicly traded company...
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Virgin Galactic's Stock Will Come Back Down To Earth: Morgan Stanley
Thursday, February 20, 2020 - 1:50pm | 355What goes up, into the stratosphere and in the stock market, often will also come down, and that's likely to be the case with the soaring stock of Virgin Galactic Holdings Inc (NYSE: SPCE), Morgan Stanley said Thursday. Investors appeared to agree, as the stock was down more than 5% Thursday...
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To The Moon And Back: White House Asks For Big Increase In NASA Budget
Thursday, February 13, 2020 - 12:16pm | 472The White House is asking for a 12% increase in the budget for NASA as the space agency continues to push its ambitious Artemis program to send people back to the moon and prepare for human exploration of Mars. The budget proposal requests $25.246 billion, an increase of more than $2.5 billion. The...
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SpaceX's Starlink Satellite Internet Business 'Likely' To Go Public
Friday, February 7, 2020 - 2:12pm | 603Elon Musk's SpaceX is considering spinning off its Starlink broadband business, possibly as a public company, Bloomberg reported Thursday. If Starlink launches as a separate publicly traded entity, it could boost investor interest across the entire space economy, one analyst said. Bloomberg...
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Boeing Takes $410M Charge In Case Another Unscrewed Starliner Test Is Needed
Wednesday, January 29, 2020 - 1:00pm | 274Boeing Co (NYSE: BA) reported a $410 million pre-tax charge in its fourth-quarter results on Wednesday to cover the cost of a possible extra uncrewed launch of its Starliner capsule should NASA require it. Boeing said in its earnings report that in its Defense, Space & Security division, fourth...
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Lift Off: Virgin Galactic Stock Keeps Going Higher
Wednesday, January 22, 2020 - 2:10pm | 421Virgin Galactic Holdings Inc (NYSE: SPCE) shares have rocketed higher over the last couple weeks amid increasing public and investor interest in the space launch company as it nears the goal of launching commercial service. It's not clear exactly what's driven the stock higher in recent...
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Collins Aerospace Gets Contract For Subsystems To Help Get 'Boots On The Moon' In 2024
Wednesday, January 15, 2020 - 6:30pm | 303United Technologies Corp. (NYSE: UTX) unit Collins Aerospace will build life support, environmental, waste management and temperature control subsystems, along with power hardware for NASA's Orion spacecraft fleet that's aiming to put "boots on the moon," by 2024, the company said...
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Large Virgin Galactic Option Traders Are All Positioning On One Side Of The Trade
Tuesday, January 14, 2020 - 2:00pm | 715Virgin Galactic Holdings Inc (NYSE: SPCE) shares are trading higher this week and are now up 57.5% in the past month. On Tuesday, several large Virgin Galactic option trades were executed as traders position themselves following a key update on the production of the company’s second...
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Virgin's Second Spaceship Hits Key Assembly Milestone, Launches Stock Up
Thursday, January 9, 2020 - 3:00pm | 379As the countdown continues toward a future of space flight for the traveling public, Virgin Galactic Holdings Inc (NYSE: SPCE) on Wednesday announced a key milestone toward the completion of its second spaceship. Virgin Galactic announced the ship is now “Weight on Wheels,” meaning the...
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What To Expect From Space Exploration In 2020: Mars, Tourism, Blue Origin, SpaceX And More
Friday, January 3, 2020 - 9:47am | 1077This year will see major milestones in the space industry, as American companies prepare for the first private launches of people into outer space and possibly the first space tourism flights. Elon Musk's SpaceX is leading the way toward a private ferry service to the International Space...
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New Horizons: Virgin Galactic Debuts, China's Moon Landing, Female Space Walk And More
Wednesday, January 1, 2020 - 6:51pm | 10552019 could be remembered as one of widening participation in spaceflight, with milestones achieved by more countries, more private companies, and by women, capping a decade of capitalist adventurers taking over much of the space industry from government. Moon Landings - A Worldwide Endeavor...