How to Invest in Space Travel

by Fred Fuld III

Last month, I published an article called UFO Stocks. The report covered many of the companies that are involved in the satellite and space industry, such as Maxar Technologies (MAXR),  Viasat (VSAT), and EchoStar (SATS). I also mentioned the Procure Space ETF (UFO) which is a diversified way to play the space industry.

However, there is a new way to invest in space travel. How would you like to invest in Richard Branson’s Virgin Galactic? This is the company that will allow anyone (even you) to flying space, assuming you are willing to pay the fee of $200,000 to $250,000. The company already has a waiting list of 600 people.

The way to invest in Virgin Galactic is through a company called Social Capital Hedosophia (IPOA), which trades on the New York Stock Exchange. Social Capital Hedosophia will be involved in a merger and end up owning 49% of Galactic.

It will be interesting to see if this stock gets as high as the aircraft that will be sent into space.

Disclosure: Author owns IPOA.

Top Books by Top Business Executives

If you are looking to be successful, look no further than several of the top people in their industries. Many of these individuals have written books about themselves and their successes.

These are all definitely worth reading:

The Essays of Warren Buffett: Lessons for Corporate America, Fourth Edition by Warren Buffett

How to Win at the Sport of Business: If I Can Do It, You Can Do It by Mark Cuban

Finding My Virginity: The New Autobiography by Richard Branson

On Success by Charles Munger

The First Billion Is the Hardest: Reflections on a Life of Comebacks and America’s Energy Future by T. Boone Pickens

Ross Perot: My Life & The Principles for Success 2nd Edition by Ross Perot

Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity by Steve Forbes

The Ten Roads to Riches: The Ways the Wealthy Got There (And How You Can Too!) by Ken Fisher

Business @ the Speed of Thought: Succeeding in the Digital Economy by Bill Gates

 

Finance Books on Sale as Low as 99 Cents (Richard Branson, Warren Buffett, Rockefeller)

The following business and finance Kindle books are currently on sale at Amazon (AMZN). If you are interested in any of these books, you should order them as soon as possible, because often these sales only last for just a couple days.

Smarter Faster Better
By Charles Duhigg
Explores the science of productivity, and why managing how you think is more important than what you think
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The Retirement Rescue Plan
By Melissa Phipps
Guide to security when you leave the workforce.
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Losing My Virginity
By Richard Branson
Richard Branson chronicles his road to success in this autobiography
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Remote
By Jason Fried and David Heinemeier Hansson
The benefits of remote workplaces
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Customers for Life
By Carl Sewell and Paul B. Brown
How to keep your customers coming back.
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John D. Rockefeller on Making Money
By John D. Rockefeller
How to make a fortune in business.
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My Warren Buffett Bible
By Robert L. Bloch
Quotes from the world’s most successful investor.
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Stick with It
By Sean Young
How to create lasting change
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How to Wow
By Frances Cole Jones
Polish your skills and hone your confidence in any situation.
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Be Obsessed or Be Average
By Grant Cardone
The secret to massive success: obsession.
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Workplace Genie
By Natalie Canavor and Susan Dowell
How to handle challenging people at work s that will give you a leg up in your career.
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