Three space stocks for adventurous investors

Micah Walter-Range, index creator for the world’s first space ETF, selects three of his favourite space stocks to buy now.

Media coverage of space often focuses on billionaires such as Elon Musk, Jeff Bezos or Richard Branson and their private space companies. But the number of publicly-traded space-industry stocks is growing quickly. Some companies have been in the market for decades, and a new wave of companies is going public this year, mostly through special purpose acquisition company (Spac) transactions.

Space is an inescapable part of life, whether you check the weather forecast or watch a film using satellite television. The underlying index for the Procure Space UCITS ETF in Europe (LSE: YODA) and the US (Nasdaq: UFO) reflects the diversity of the space industry. These stocks, all in the YODA ETF, showcase the way we will communicate, navigate, and travel in future.

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Micah Walter-Range

Micah Walter-Range is an index creator for the world’s first space ETF