MoneyWeek is a weekly investment magazine that covers financial and economic news and provides commentary and analysis across UK and global markets. Interesting to see them zeroing in on space as a thematic area with long term growth prospects.
There are two reasons why space companies have soared above the carnage on the stockmarket and in the wider economy. First, all the terrible news about collapsing demand, closed factories and rapidly rising unemployment doesn’t make any difference to them. They didn’t have much in the way of sales anyway. They were devoting their resources to making products that might be fantastically valuable, but not for another five or six years. A six-month shutdown is not terribly relevant one way or another.