LMT - How Much Are Space Stocks Worth?
2023-03-26 07:07:00 ET
Earlier in the week, I crunched some numbers and attempted to estimate a price tag for the Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture United Launch Alliance, which is reported to be up for sale this year. To come up with this number, I laid out the prices that a few other space companies have paid for mergers and acquisitions in the space industry recently.
At first glance, this may not seem relevant. ULA is a private company, after all. Even knowing the price, we as individual investors wouldn't be able to buy it. And yet, there are a lot of struggling space stocks on the market today, and some of them may soon be for sale as bigger, better-financed aerospace and defense companies snap them up and take them private.
Indeed, this could happen sooner than later.
For further details see:
How Much Are Space Stocks Worth?