Space Economy will exceed $1 trillion - Morgan Stanley analysts believe that the Space Economy will exceed $1 trillion by 2040. Therefore, it’s an ideal time to consider investing in the top space stocks. Identifying the right space stocks to buy could be the ticket to unparalleled financial growth.
Virgin Galactic (NYSE:SPCE) has embarked on an audacious journey after finally announcing the launch of its commercial spaceflights. Although burdened by initial delays, this monumental step signifies a major leap for the business and the space tourism industry in general. Though it remains a remarkably speculative investment, it’s worth betting on, given its salivating long-term potential.
Its Delta Class aircraft is projected to generate upwards of $2.7 million-plus in revenues per flight. This buoyant revenue stream points to a massive revenue base for its business over the next decade, offering robust returns for investors. Though the firm is free cash flow negative, the commencement of revenue-generating activities could trigger an upside revaluation of Virgin Galactic’s shares.Stockmarket
Space Economy will exceed $1 trillion - Morgan Stanley analysts believe that the Space Economy will exceed $1 trillion by 2040. Therefore, it’s an ideal time to consider investing in the top space stocks. Identifying the right space stocks to buy could be the ticket to unparalleled financial growth.
Virgin Galactic (NYSE:SPCE) has embarked on an audacious journey after finally announcing the launch of its commercial spaceflights. Although burdened by initial delays, this monumental step signifies a major leap for the business and the space tourism industry in general. Though it remains a remarkably speculative investment, it’s worth betting on, given its salivating long-term potential.
Its Delta Class aircraft is projected to generate upwards of $2.7 million-plus in revenues per flight. This buoyant revenue stream points to a massive revenue base for its business over the next decade, offering robust returns for investors. Though the firm is free cash flow negative, the commencement of revenue-generating activities could trigger an upside revaluation of Virgin Galactic’s shares.