Despite the fact that SpaceX Elon musk is not yet a public company, investors have found another way to celebrate the successful launch of NASA astronauts in the mission Demo-2 30 may 2020. They drew attention to other space enterprises whose shares are traded on the stock exchange, and in particular for Virgin Galactic (SPCE).
In early trading on Monday, June 1, the price of shares Virgin Galactic (SPCE) British billionaire Richard Branson rose more than 6%, according to CNN. In General, securities of the company grew by nearly 60% since its IPO in October 2019.
The success of SpaceX, Virgin Galactic stocks pushed up far-reaching plans of the companies. In particular, the company plans until the end of 2020 to implement the world’s first tourist flight into space.
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As the success of SpaceX impact on the financial performance of other companies in the industry
Optimism regarding the launch of the first in nine years, the pilot of the mission NASA and SpaceX could contribute to the increase of capital and the market value of many other companies in the aerospace industry.
For example, an exchange traded Fund ETF Procure Space, which includes shares of companies of the space industry on Monday, June 1, rose 2.5 percent.
SpaceX IPO: what does Elon Musk
SpaceX is not part of any exchange-traded Fund. However, if this happens, the company Elon musk is probably going to have the best structure of shares in the event, when she, after all, will be public.
Now SpaceX is estimated at 36 billion dollars after the latest round of funding. Thus, the company is the most expensive in the world among private businesses. Himself Elon Musk has repeatedly stated that is not considering the possibility of entering SpaceX IPO.
Interestingly, after the launch the Crew Dragon on the weekend, shares of electric car manufacturer Tesla, Director General who is also Elon Musk, has grown by almost 5%.
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