- (1:40) - Space X Successful Launch: Reusable Rockets
- (10:10) - What Does The Successful Launch Mean For A Commercial Space Program?
- (15:40) - Virgin Galactics Growth Potential
- (23:20) - The Space Economy Expansive Growth Opportunity
- (29:30) - Procure Space ETF: UFO
- (41:00) - The Future of Movies Filmed In Space: Tom Cruise and Nasa
- Podcast@Zacks.com
In this episode of ETF Spotlight, I speak with Andrew Chanin, CEO of ProcureAM, and Micah Walter-Range, founder of Space Investment Services, about investing in the final frontier.
On May 30, Elon Musk’s SpaceX became the first private company to launch humans into space. It was also the first launch of NASA astronauts from the US soil in almost a decade.
What does the success of this mission mean for the future of NASA’s commercial crew program partnership with SpaceX and Boeing (BA - Free Report) , and space tourism? Richard Branson’s Virgin Galactic (SPCE - Free Report) and Jeff Bezos’ Blue Origin are planning to send paying tourists to the edge of space in the coming months.
Virgin Galactic, which became the first space tourism company to go public, had seen its stock soar earlier this year. It has been very volatile since then. Branson’s Virgin Group had to give up its majority stake in the company to fund other Virgin businesses hit by the pandemic. What lies ahead for the Virgin Galactic stock?
The global space industry could generate revenue of $1.1 trillion or more in 2040, up from approximately $350 billion in 2018, according to Morgan Stanley. Bank of America estimates the space economy to grow to $3 trillion by that time.
The Procure Space ETF (UFO - Free Report) , the world’s first pure-play space ETF, tracks an index developed by Micah. Maxar Technologies , DISH Network and Garmin (GRMN - Free Report) are among its top holdings.
Please listen to the podcast to learn more. Make sure to be on the lookout for the next edition of ETF Spotlight and also make sure to subscribe! If you have any comments or questions, please email podcast@zacks.com.
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Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
In this episode of ETF Spotlight, I speak with Andrew Chanin, CEO of ProcureAM, and Micah Walter-Range, founder of Space Investment Services, about investing in the final frontier.
On May 30, Elon Musk’s SpaceX became the first private company to launch humans into space. It was also the first launch of NASA astronauts from the US soil in almost a decade.
What does the success of this mission mean for the future of NASA’s commercial crew program partnership with SpaceX and Boeing (BA - Free Report) , and space tourism? Richard Branson’s Virgin Galactic (SPCE - Free Report) and Jeff Bezos’ Blue Origin are planning to send paying tourists to the edge of space in the coming months.
Virgin Galactic, which became the first space tourism company to go public, had seen its stock soar earlier this year. It has been very volatile since then. Branson’s Virgin Group had to give up its majority stake in the company to fund other Virgin businesses hit by the pandemic. What lies ahead for the Virgin Galactic stock?
The global space industry could generate revenue of $1.1 trillion or more in 2040, up from approximately $350 billion in 2018, according to Morgan Stanley. Bank of America estimates the space economy to grow to $3 trillion by that time.
The Procure Space ETF (UFO - Free Report) , the world’s first pure-play space ETF, tracks an index developed by Micah. Maxar Technologies , DISH Network and Garmin (GRMN - Free Report) are among its top holdings.
Please listen to the podcast to learn more. Make sure to be on the lookout for the next edition of ETF Spotlight and also make sure to subscribe! If you have any comments or questions, please email podcast@zacks.com.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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