eToro launches the SpaceTech portfolio offering exposure to companies running the space race

eToro expands its offer with SpaceTech, a new portfolio that provides individual investors with exposure to companies that are leaders in technology development and space exploration.

Dani Brinker, Director of Investment Portfolios at eToro, commented:

Since Neil Armstrong's historic moon landing in 1969, humanity's fascination with space has only intensified. Over the past six decades, this pursuit of space exploration has led to the development of new technologies that have improved "terrestrial" industries such as telecommunications and geolocation services, while also creating new industries such as space tourism.

From India's lunar landing at the South Pole to Virgin Galactic's first spaceflight, we are ushering in a new era of exploration and commercial space travel. Currently, the space market is valued at $447 billion and is expected to exceed $2030 trillion by XNUMX*.

While individual investors cannot invest directly in NASA or SpaceX, there are other opportunities to capitalize on the space race. From exposure to publicly traded aerospace and defense companies to missile and satellite manufacturers, our new SpaceTech portfolio offers our users access to an industry that is just emerging.

What is included in the SpaceTech portfolio

To provide diversified investment opportunities covering the full spectrum of space exploration, a team of investment experts eToro chose companies that are leaders not only in field of space exploration, but also space technologies i satellite operations. The initial allocation includes sector pioneers such as Virgin Galactic, known for developing spacecraft for spaceflight and space tourism; Airbus i Boeing, whose space and defense divisions focus on spacecraft and satellite systems; Iridium Communications, which mainly offers satellite communications services via its extensive satellite network; and Northrop Grumman Corp., a leading defense and space company with various space exploration and satellite projects under its belt.

The SpaceTech portfolio allocation includes 30 stocks, each of which has an equal weight of 3,33%. entire portfolio (full list here). These stocks were selected based on various criteria, including market capitalization, liquidity ratios, research and development expenses, and analyst ratings. The portfolio will be rebalanced annually to ensure its continued relevance and optimization.

The initial investment begins from $500. At this time, the wallet is not available to US users.

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