Airbus Is Finally Back in Orbit. Does That Make the Stock a Buy?
Airbus(EADSY) The Motley Fool·2024-07-21 11:07
At long last, Europe has a space rocket, the Ariane 6, able to compete with SpaceX and its ubiquitous Falcon 9. The Ariane 6 isn't a reusable rocket, it arrived four years later than it was supposed to, and it probably costs about twice as much as a Falcon. First time is the charm Before this launch, Airbus had relied on heavy-lift Ariane 5 rockets for large satellite launches. But the last Ariane 5 was launched on July 5, 2023. So you can see why Airbus investors would be enthused by the news. The Ariane 6 ...