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Here's How to Profit From the $800 Billion Space Industry

TheMotleyFool

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Here's How to Profit From the $800 Billion Space Industry

Space travel is no longer just the stuff of science fiction movies.

Morgan Stanley (NYSE: MS) estimates that hypersonic travel could become an $800 billion industry by 2040. And one start-up -- Virgin Galactic (NYSE: SPCE) -- is poised to capture a larger share of this high-speed space travel market than perhaps any other company.

Morgan Stanley initiated coverage on Virgin Galactic on Monday with an overweight rating. Analysts at the investment bank say the space travel company's stock is worth $22 -- more than double its current price.

Source Fool.com

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