How Much Are Space Stocks Worth: The Lockheed Martin Edition
Lockheed Martin(LMT) The Motley Fool·2024-03-11 11:07
2021 was the year of the space initial public offering (IPO). All sorts of brand new space stocks followed the trail first blazed by Virgin Galactic -- conducting special purpose acquisition company (SPAC)-sponsored IPOs, giving investors their proverbial chance to "dabble a little bit in a spaceship company, own a little bit of a spaceship company."Many investors took that chance -- and paid the price in 2022 and 2023, as the stock market taught the dangers of investing in SPACs. Stocks that had come publi ...