Should we invest in space travel?
Space travel is an interesting topic in these years. But should we invest in space travel?
There have been new developments in space travel and related technologies which helps create a new economy around the activity in the industry. So what are the benefits of space exploration and why should we continue to invest in space travel?
The challenge of investing in space
A few years ago, investors have had the idea of investing in space as they had on autonomous cars a decade ago, or electric cars before Tesla went public. The industry also has support from the U.S. government as they have plans for a Space Command. However, in history, investing in space was cautionary tales as it is hard, capital intensive, and an unproven market.
Today, although there is a positive outlook for the sector, it’s still difficult to explore space. Furthermore, investing in space is a different level of speculation. There are a lot of binary outcomes for the technologies such as getting approval for a certain band of communications. Also, this investment is not all about rocket launchers and space missions. But at the moment, most companies are private and too small. Only SpaceX have had an outsized impact on the rest of the industry. However, these companies might become public in the future.
How to invest in space travel?
As you understand why is space exploration important for our future, there are still opportunities to invest in the companies they partner with or in their supply chain. For those companies that aren’t accessible to invest in, you should still keep an eye on them. One day, they might potentially be public and working on a topic that can affect the public markets. Also, you can’t expect to make a quick move with space. The developments of travel might take decades to play out. But for those who are interested, the potential for long-term returns of space travel still makes it worth investing.
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