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- Yahoo Finance Video
SpaceX, Blue Origin, Virgin Galactic: Yahoo Finance’s ‘Space Race: Investing in the Final Frontier’
Space has long been an area of interest for creatives and business minds alike. As technology inches ahead, space tourism and the growth of private space exploration become increasingly realistic. Companies like Elon Musk’s SpaceX, Jeff Bezos’ Blue Origin, and Richard Branson’s Virgin Galactic (SPCE) are leading the way. Morgan Stanley estimates that by 2040, the potential revenue from the global space industry could surpass $1 trillion. However, interstellar travel can be rocky. Boeing's (BA) troubled year continued as its Starliner spacecraft continued to experience malfunctions, delaying the return of two astronauts. We discuss all this and more on Yahoo Finance’s ‘Space Race: Investing in the Final Frontier.’ This post was written by John Tejada
Investor's Business DailyBoeing Will Buy Parts Supplier Spirit AeroSystems: WSJ
Dow giant Boeing will buy key supplier Spirit Aerosystems, The Wall Street Journal reported Monday night. The deal will be mostly in stock.
ReutersBoeing offers to buy 737 supplier Spirit Aero for $35/shr, Bloomberg News reports
This offer represents a premium of nearly 6% over Spirit's stock closing price of $33.07 on Monday and a 22.4% upside to its closing price on Feb. 29, the day before Boeing's takeover talks became public. Boeing switched its offer from an all-cash one and while the final terms of the latest offer are still being discussed, it could include a small amount of cash, Bloomberg reported, adding the deal is expected to be announced within a matter of days. Spirit said it remains "focused on providing the best quality products for our customers".
