Vuhes Magazine

    Home Should we invest in space travel?

Should we invest in space travel?

December 20, 2019

Space travel is an interesting topic in these years. But should we invest in space travel?

Space travel is worth investing
Space travel is worth investing/ Ph: Pexels

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.

How to invest in space travel?


However, these companies might become public in the future. 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.

RELATED ARTICLES
December 01, 2019
Best Work Life Balance Tips For Men And Women

Best Work Life Balance Tips For Men And Women

Work is a must for everyone ― you are expected to show up for an entire day to complete your duties, and often, you expect this every time – 24/7, particularly with the smart devices’ ubiquity. Sometimes, you may...

August 29, 2019
Great ideas for beauty business

Great ideas for beauty business

Beauty and wellness industry is becoming more and more popular nowadays, which leads to rapid development of this sector. There are a lot of new business on the market, both manufacturing and retail. So, if you are wondering how...

October 26, 2019
Age diversity is needed in beauty advertisements

Age diversity is needed in beauty advertisements

You must be logged in to view this content. Subscription now

July 31, 2019
Ways to create successful beauty business

Ways to create successful beauty business

You must be logged in to view this content. Subscription now

December 03, 2019
Tips for achieving financial independence

Tips for achieving financial independence

Achieving financial independence means you are able to withstand the inevitable financial storms along the way. Learn more about guide to financial independence in this article. Financial independence is a dream and the biggest goal of many people. The...