What Happened
Investing in the Growing Space Industry
The space industry is expected to experience significant growth, with McKinsey estimating it will be worth $1.8 trillion by 2035. To capitalize on this trend, investors may consider space ETFs, such as the Procure Space ETF, Spear Alpha ETF, and Roundhill Space & Technology ETF. These funds offer exposure to a range of companies involved in the space industry, including SpaceX, which is a major holding in some of these ETFs. The article highlights the potential benefits and risks of investing in these ETFs, and was first reported by The Globe and Mail.