Did you watch Amazon founder Jeff Bezos blast into space last week?
The world’s richest man took off for an 11-minute trip to space and back in a rocket developed by his company, Blue Origin.
It marked the second time in just over a week that a billionaire visited space.
On July 11, Richard Branson became the first billionaire to do it, flying aboard his Virgin Galactic (SPCE) spacecraft.
And the world’s second-richest man, Tesla founder Elon Musk, is “highly confident” that SpaceX—his aerospace company--will land humans on Mars by 2026.
The media’s calling it a “billionaire space race.”
Today, I’ll show you why these first-ever private space flights carry an importance far beyond what most folks believe.
I’ll also share the best—and only—way to profit off the boom in private space travel today.
But first, it’s important to understand that not everyone is happy about the new space race.
Last week, I watched the Bezos flight live at the dentist’s office…
And a lady sitting in the waiting room blurted out “WHAT’S THE POINT?”
Many Americans seem to feel this is just an ego battle between 3 obscenely rich guys.
Some are asking: Can’t they spend their billions on something more important?
You see, while most folks don’t realize it, space exploration has always pushed the boundaries of technology...
Simply put, many everyday technologies we take for granted were originally invented for use in space.
As famed venture capitalist Chamath Palihapitiya put it in a recent Twitter post:
“When things are engineered for microscopic tolerances in space, they enable magical things on Earth.”
For example, the insulin pump was first used to monitor astronauts’ vital signs in space.
NASA experimented with insulation technology for Apollo space crafts… which led to the invention of the insulation in your home.
According to USA Today: “Technology used to track astronauts' eyes... has become essential for use during LASIK surgery.”
It continued: “In the 1990s, NASA's Jet Propulsion Laboratory invented a light, miniature imaging system that required little energy in order to take high quality photographs from space. This technology has become standard in cell phone and computer cameras.”
Even CAT scans and MRIs got their starts in space. Their underlying technology was first invented and used by NASA to recreate images of the moon during the Apollo missions.
RiskHedge analyst Alex Toussaint sent the following list around to our team of other important inventions that were first created for use in space, according to USA Today:
Firefighting equipment… Solar cells… Water filtration… Wireless headsets… Baby formula… Air purifiers… Memory foam… Portable computers… LEDs… Athletic shoes…
We shouldn’t think of Virgin Galactic, Blue Origin, or SpaceX as simply touristic companies.
And they’re not flushing money down the toilet with vanity space trips.
They’re expanding the boundaries of what’s possible. Their triumphs and failures in space are pushing forward progress.
What they’ve achieved—and what they’ll continue to achieve—will open doors to new industries and products that we haven’t even imagined yet.
But you don’t have to wait around for this to happen to start profiting off today’s space race.
You can buy shares in the company making private space tourism a reality today.
I’m not talking about buying SpaceX or Blue Origin—Elon Musk and Jeff Bezos’s companies.
They’re both private companies—meaning you can’t buy them yet.
But RiskHedge Chief Analyst Stephen McBride highlighted the specific profit opportunity in “the final frontier” over a year ago.
He recommended Virgin Galactic (SPCE), Richard Branson’s company, in the June 2020 issue of his Disruption Investor advisory.
Virgin Galactic owns Spaceport America—the world’s only “up and running” spaceport, located in the middle of New Mexico’s desert.
It’s the only public “pure play” space travel company.
And here’s where things really get interesting…
According to Stephen:
If Virgin Galactic’s only achievement was inventing space tourism, it would still be a huge opportunity.
But flying folks into space is only the beginning for this future “hall of fame” disruptor. Virgin has its sights set on transforming the multibillion-dollar travel industry.
Look at Virgin Galactic’s SpaceShipTwo:
Source: Virgin Galactic
Although it looks and moves like an airplane… it’s as fast as a rocket ship.
Virgin is the only company in the world that’s figured out how to build an “airplane” that can fly passengers at 2,500 miles/hour. That’s roughly 4X the speed of a normal jet.
First, it’s using this technology to fly folks to space. But this feat of engineering has laid the foundations for hypersonic travel on earth. And it will transform our whole idea of travel.
As I said earlier... these space companies are pushing the boundaries of what’s possible.
According to Stephen, hopping on a hypersonic jet and crossing the Atlantic in 90 minutes is at least five years away.
But Virgin Galactic is the only company in the world building this technology right now. So it’s almost guaranteed to have a total monopoly on hypersonic travel for years—possibly even decades.
Stephen’s subscribers are sitting on a 150% gain right now on SPCE, as you can see in the chart below.
Even better, they’re playing with “house money”… since Stephen took a free ride on SPCE a week before shares sold off.
A free ride is a strategy our analysts use when a stock shoots up more than 100%. In short, you sell enough of your shares to recoup your original stake… and let the rest “ride for free”…
Free rides let you stay in the trade for more potential upside WITHOUT the risk of losing a penny on your initial investment.
So, here’s what to do today, according to Stephen:
If you already own SPCE shares, hang tight and don’t get caught up in the noise in the short term. Owning SPCE is the only way to profit from private space travel—one of the greatest disruptions of our time.
If you don’t own any SPCE, consider taking a small stake today. “Small” is the key word. This is a volatile stock that’s up over 150% since he first recommended it.
Executive Editor, RiskHedge
P.S. Have you noticed things have seemed a bit “off” in the markets in recent months?
If that’s you, you’re not alone.
According to Stephen McBride, one sentence sums it up best: “This is NOT your Baby Boomer’s stock market anymore.”
To see what’s changed and how to use it to start creating generational wealth in this new stock market, go here.