Space companies in focus!
Ahead of SpaceX's massive IPO, here's a fact you might not have known...
SpaceX's valuation reached a record $1.5 trillion this month.
Three years ago it was $137 billion, five years ago $74 billion, and ten years ago just $10 billion!!
If SpaceX goes public with a valuation of $1.75 trillion, it would be the seventh largest company in the S&P 500 index.
Is investor focus on the sector also reflected in cash flows?
Space-related ETFs in the US attracted $1.3 billion in the last month, bringing assets under management to a record $3.3 billion.