More than 50 years after Apollo 11, a new age of space exploration is opening up. This century’s adventurers are pushing the boundaries of space exploitation — and investors are starting to take notice, MarketWatch writes in this opinion piece.
Given this scenario, investors are taking heed of myriad investment opportunities. SPACs are viewed favorably as a way for space companies to access the public markets. Several space companies have gone the SPAC route, including satellite imagery specialist BlackSky and U.S.-New Zealand aerospace manufacturer Rocket Lab USA.
2020 and 2021 brought a new wave of space companies going public, often by way of a SPAC. New products are being launched to capitalize on this growing industry, such as the ARK Space Exploration and Innovation ETF, which came to market in late March. Read more.
