UBS believes there will be very lucrative ramifications from the spaceflight efforts currently led by Virgin Galactic, SpaceX and Blue Origin.
UBS believes there will be very lucrative ramifications from the space flight efforts currently led by Virgin Galactic, SpaceX and Blue Origin.
Private space companies"are investing aggressively across the space opportunity," UBS said, and the firm believes access to space"is the enabler to broader opportunities for investment." "Although some might view the potential to use space to service the long-haul travel market as science fiction, we think ... there is a large market," UBS said.
"While the timing of such a long haul service is uncertain, we think our base-case assumptions are conservative," UBS said. "This area seems to be the market that has the greatest potential to gain traction quickly," UBS said.
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