Is Now the Time to Buy Space Flight Stocks?

It was only a couple of years ago when special purpose acquisition companies (SPAC) stocks (i.e., stocks representing shell companies with no material business operations, but which would help start-up businesses get listed on major stock exchanges through business combinations), and space flight stocks in particular (some of the best-known ones being brought to the market via SPACs), took flight and stayed in orbit for a brief time. As it turned out, however, gravity set in fairly quickly and the majority of these stocks ran out of rocket fuel. Ultimately, there may be reasons for risk-on rocketeers to give some of these stocks a shot this summer.