Internet satellites launched into orbit by rockets that can return back to earth in nine minutes – that’s not a passage from a science fiction novel.
It’s what SpaceX did on March 24…showcasing an emerging technology with high growth potential…that can make you a lot of money.
Right now, 74 countries have some kind of space program, and 14 of them are capable of space launches. From tourism to space-based systems that blockchain technology and 5G are dependent to run on, there is a growing need for rockets to make that all possible.
Even the United Arab Emirates, a nation the size of South Carolina, is jumping into the space game.
The UAE’s Mars probe successfully orbited the red planet and is sending back pictures. Known as the Hope Probe, its mission is to create the first complete portrait of the Martian atmosphere.
This increased activity is one of the reasons why Morgan Stanley projects that, by 2040, the space sector will be worth $1.1 trillion.
Now, some companies are private and you can’t invest in them.
While others simply don’t deserve your hard-earned money.
That’s why I wanted to make sure you saw this before the weekend.
Because one company I’ve been watching closely just got even better thanks to a $4.4 billion acquisition.
This month has been a rough time for tech, thanks to market pressures stemming from fear of inflation. But that doesn’t change my fundamental outlook. The bottom line is, if you want to make money, you need to be invested in tech because America needs tech to keep on running. Continue reading
It has been another choppy week for the broader markets and SPACs, but the excitement could be coming back as we saw a big pop on a definitive agreement announcement. Fintech Acquisitions Corp. V (NASDAQ: FTCV) was up over 40% on the report that they will merge with the social trading platform eToro.
While the trust value was on the smaller side with this one at $250,000 million, it was led by Betsy Cohen, the SPAC veteran who brought Payoneer to market through FTAC Olympus Acquisitions Corp (NASDAQ: FTOC). The eToro deal will also include a $650 million PIPE so the trust size does not matter as much in this case.
Hospitals just can’t seem to get a break these days.
Hundreds of them have been working around the clock to treat the millions of Americans afflicted by the deadly coronavirus.
And now, medical centers across the US, are finding themselves under siege by a very different “virus.”
That’s because the healthcare sector ranks as the top choice for hackers trying to burrow into networks. Once in, they either launch malicious software known as “malware” or demand money- and sometimes both.
Take the case of Universal Health Services hospital system based in King of Prussia, PA.
The cyber-attack it received took the form of “ransomware” – locking users out of their own IT systems, and demanding payment to restore access.
Fortunately, there is a leader in the roughly $140 billion cybersecurity market that can help hospitals and businesses across the board.
SPAC trading has definitely had its ups and downs over the last few months and this week we hit not one, but two SPAC milestones. There are now over 500 active SPACs in the market, and we have surpassed the 248 in total launched in 2020 in less than 3 months. This means there is over $150 billion in trust looking for the best private company to bring public. Read more.
Electronic communications infrastructure has been evolving ever since 1854 when an American banker named Cyrus West fields first thought of laying cables across the bottom of the Atlantic.
Now, that infrastructure is overdue for another breakthrough, and that breakthrough will create a massive profit opportunity for us.
Right now, there are 550,000 miles of cable running across the bottom of the ocean. They are enough to circle to the earth some 22 times, and they are absolutely brimming with web traffic. And they are not enough.
Today, some 3.7 billion people lack web access largely because they live in areas without ground infrastructure.
And that creates an opportunity for a savvy tech firm, ready to take the next step and provide satellite-based web services. They will face huge upside in a market valued at $123 billion