Did you see Virgin Galactic (SPCE) stock last week?
Shares of Richard Branson’s space tourism company started last week trading at $36.27. By the end of the week, Virgin Galactic stock had risen to $55.91 – up 54% in just five trading days. Shares are now up an incredible 280% in just six weeks.
If only you could’ve known about and bought Virgin Galactic stock before this epic rally…
You could’ve!
Because in my premium research advisory newsletters, I highlighted Virgin Galactic stock for subscribers before this enormous rally… when shares were trading for just $15.40… allowing my subs to score peak gains of 308%. If that interests you, start your journey by getting my free eletter in your inbox daily at 7:30 a.m. Eastern.
You see, my eletter, Hypergrowth Investing, is dedicated to reflecting the themes and stock picks in my ultra-exclusive services, where my team and I are looking at all of the most explosive investment opportunities in the stock market today, filtering out the bad ones, and delivering the good ones to subscribers in short, 1,000-words-or-less, briefs that you could read while brewing your morning cup of coffee.
Virgin Galactic was one of our stock picks, because we believe that space tourism will be a huge business one day, and more broadly, we believe that it will kickstart the emergence of a multi-trillion-dollar Space Economy.
More on that in a minute…
But, first, let me tell you that we were one of the only ones pounding on the table on Virgin Galactic stock at $15… just like we were one of the only ones pounding on the table on EV maker NIO (NIO) when it was trading for just $4… and hydrogen fuel cell maker Plug Power (PLUG) Power when it was trading for less than $4… and psychedelic-inspired medicine company Mind Medicine (MNMD) when is trading for about 30 cents…
All those stocks went on to score premium subscribers 1,000% or greater returns in a matter of months.
And they did so because we saw potential that the market neglected. We pride ourselves in that. We look at a company, and we don’t see what is there – we see what is going to be there.
And by taking this approach to investing, we have been able to successfully score 6 different 10X winners for premium subscribers and nearly 100 triple-digit winners… all in just a year.
To find out more about that breakthrough research product, start with Hypergrowth Investing.
But now, let’s go back to Virgin Galactic and the Space Economy…
The big picture reality here is that we are on the cusp of developing propulsion and small-rocket technology that is good enough to make traveling to and from space fairly easy and cost-effective – at which point, we will be able to rapidly launch dozens of satellites into space every week to do a great number of things.
The first application of this technology is space tourism. Companies like Virgin Galactic will start flying ultra-wealthy people into space as a sort of uber-expensive “Disneyland” ride.
This business will be huge, because demand for such rides will be enormous (there are lot of rich people out there who are willing to spend money on new experiences, and seeing Earth from space is the only off-planet experience) while supply will remain constrained (Virgin is one of only two companies that will be able to do to this stuff at scale), leading to tons of revenue and tons of profit.
But space tourism is just the start…
Soon enough, we will mine asteroids for more usable and drinkable water, as well as for precious metals…
We will create space-based solar farms that can produce significantly more solar power per square foot than Earth-based solar farms…
We will build data centers in space for 24/7 global connectivity…
We will create space-based cellular networks…
In the Space Economy – as is true in space itself – the opportunities are endless.
Those opportunities start today. Virgin Galactic’s breakout is the world’s “wake-up” call – and it’s the first of many “calls” that will happen over the next 12 months.
In July, Virgin will fly Richard Branson into space while Blue Origin will fly Jeff Bezos into space.
Virgin Galactic will re-open reservations at some point in the fall. Blue Origin will likely do the same.
Then, both companies will likely launch commercial spaceflight operations in early 2022.
As all those favorable catalysts emerge over the next few months, space stocks across the entire market will soar.
The time to invest in space stocks is now… before this enormous rally.
So, what space stocks should you be buying today? Well, that’s why I want to point you to my free eletter, Hypergrowth Investing.
Because we are so bullish on space and because many of the names in this space are being slept-on by Wall Street, we believe that there are actually dozens of space stocks out there with massive upside potential.
As we include more and more stocks within the burgeoning space economy in our premium newsletters, we’ll also highlight some great picks (for free) for our Hypergrowth Investing audience.
On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.