Virgin Galactic Is the Tesla of the Space Industry
From an IPO price of $17 10 years ago to its close above $700 last week, Tesla (NASDAQ: TSLA) has been a fantastic stock for investors. The first pure-play electric car company, Tesla dominated its industry from the get-go, and it hasn't let up on the accelerator since.
And now here we are at the dawn of the 2020s, and a new industry is forming. Much like the electric car industry a decade ago, "space stocks" are a virtual unknown to investors today. What are they, what do they do, and are there any that you can invest in? And perhaps most importantly: Is there any space stock similar to Tesla 10 years ago, that you can buy today?
Sir Richard Branson knows what Virgin Galactic's big advantage is. Do you? Image source: Virgin Galactic.
Source Fool.com
