Space Industry

Space has gone from a government-only frontier to a fast-growing commercial industry. Reusable rockets have dropped launch costs by an order of magnitude, satellite internet is bringing the last billion people online, and tourism, mining, and defense applications are no longer science fiction. The catch for retail investors: the most dominant company in the category — SpaceX — is private. But the supply chain, launch services, satellite operators, and defense primes are all very much public.

Substox covers the public companies positioned to ride the same launch curve as SpaceX without buying the private one directly.

More analysis and a curated stock list for this trend are in development.