Investors are being offered a new way to bet on space via a fund that focuses exclusively on a sector thrust into the limelight by the IPO of Elon Musk’s SpaceX.
Space has evolved from a niche corner of the stock market into an area that offers the potential for diversity and growth. The euphoria around SpaceX’s market entry is driving fresh investor flows into the sector. Since the news of the offering first became public in early December, smaller space and related stocks have soared.