Space stocks: Three investable alternatives to Elon Musk's Space X

By Robbie Citrino for Kapitall.

Musk’s brainchildren have climbed to a combined $50 billion in market value since Paypal’s inception in 1998.

This has paid dividends for investors to the tune of 875% for those who bought Solar City (SCTY) in 2013 and 1,400% for Tesla (TSLA) owners since its IPO in mid 2010 (depending of course on when you bought in).

Musk’s next ‘company of the future,'  SpaceX, is a space transportation company whose end purpose is to shuttle humans between Earth and Mars.

While the company has had a significant amount of funding, and seen quite a few achievements as the first privately-owned company to launch and recover spacecraft, Musk claims that there is no IPO in the company’s near future.

So, how can investors cash in on the ideas of a genius without a stock? Look to its competitors.

Lockheed Martin (LMT), Alliant (ATK), and Boeing (BA) all have manned spacecraft in the works, and some may be prepared for launch as early as 2015.

And, while they are not operating as a delivery service, they could be the production side for a new era of travel, building the ships for a variety of companies to use in their transportation services. 

Do you think space stocks represent a sensible investment? Use the list below to begin your analysis and let us know what you think in the comments. 

Click on the interactive chart to view data over time. 

 

1. Alliant Techsystems Inc. ( ATK): Engages in the supply of aerospace and defense products to the United States government, allied nations, and prime contractors. Market cap at $4.27B, most recent closing price at $133.77.

 

 

2. Boeing Co. ( BA): Engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Market cap at $86.75B, most recent closing price at $120.38. 

 

 

3. Lockheed Martin Corporation ( LMT): Engages in the research, design, development, manufacture, integration, operation, and sustainment of advanced technology systems and products in the areas of defense, space, intelligence, homeland security, and government information technology in the United States and internationally. Market cap at $53.04B, most recent closing price at $167.12. 

 

 

4. SolarCity Corporation ( SCTY): Designs, installs, and sells or leases solar energy systems to residential and commercial customers, and government entities in the United States. Market cap at $6.43B, most recent closing price at $69.81.

 

 

5. Tesla Motors, Inc. ( TSLA): Designs, develops, manufactures, and sells electric vehicles and advanced electric vehicle powertrain components. Market cap at $28.95B, most recent closing price at $233.27. 

 

(List compiled by Robbie Citrino. Monthly returns sourced from Zacks Investment Research, all other data sourced from Finviz.)

Kapitall Wire is a division of New Kapitall Holdings, LLC. Kapitall Generation, LLC is a wholly owned subsidiary of New Kapitall Holdings, LLC. Kapitall Wire offers free investing ideas, intended for educational information purposes only. It should not be construed as an offer to buy or sell securities, or any other product or service provided by New Kapitall Holdings, LLC, and its affiliate companies.

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