What is Blue Origin’s stock price, and are they publicly traded? Investors cannot purchase shares of Blue Origin because they are a private company. Investors can invest in its parent company, Amazon, under the stock symbol (NASDAQ: AMZN).
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Blue Origin Introduction (No Stock Symbol)
What is Blue Origin? Great question, and probably one you are in deep space thinking about. Finding a space exploration company on an investing and trading website with no ticker symbol may seem counterintuitive. However, it’s sometimes important to know about privately run companies just as much as it is to know about publicly traded companies. Because they often have a magical way of eventually becoming public.
So, unless you’ve been living under a rock, you have probably heard of the parent company of Blue Origin. Amazon (NASDAQ: AMZN) is the company, and the man behind the vision is the uber-successful Jeff Bezos.
So what does Blue Origin do anyway? It’s one of a handful of firms attempting to bring space travel to a mainstream audience. (yes, please!)
You may have heard of Elon Musk’s company, SpaceX, the first private firm to launch a human-crewed space shuttle into orbit earlier this year.
How about Richard Branson’s company, Virgin Galactic? Last October, it debuted as a SPAC IPO under the ticker symbol (NYSE: SPCE).
If you know what SpaceX and Virgin Galactic do as companies, you’ll also quickly understand what Bezos’ Blue Origin is doing.
History of Blue Origin
Blue Origin was formed on September 8, 2000, nearly 18 years after Jeff Bezos gave his valedictorian speech to his high school graduation class. He discussed how he would “build space hotels, amusement parks, and colonies for 2 million or 3 million people in orbit.” Blue Origin is described as an aerospace manufacturer specializing in sub-orbital spaceflight services and is headquartered in Kent, Washington, a few towns over from where Amazon is headquartered. But can you trade Blue Origin stock?
The company has produced a few vehicles already. One is the Charon jet-powered VTOL, which made its inaugural test flight above Moses Lake, Washington, at an altitude of 316 feet.
Not too impressive, right? The Charon was designed as a low-altitude vehicle to test autonomous guidance technology that would eventually be used in the company’s rockets.
The Charon now lives in the Museum of Flight in Seattle, Washington. Blue Origin then crafted the Goddard rocket, which had successful flights back in late 2006 and reached an altitude of 300 feet in ten seconds.
Flying Cars
The New Shepard was the first suborbital vehicle from Blue Origin that could carry a crew and cargo above the Karman line. This is the international threshold between Earth and space.
It comprises two distinct parts: the crew capsule and the rocket booster. Both segments are blasted off together.
However, they separate mid-air, with the booster falling back to Earth and the capsule being hurled into space. There have been several different iterations of the New Shepard.
All achieved varying degrees of success. In December 2017, Bezos released a video of the New Shepard’s voyage into space for all to see.
With three and a half feet tall windows, we got a taste of what these $200,000 rides would look like. It was stunning despite the expensive price tag. That could help with Blue Origin stock price.
Blue Origin, like SpaceX, remains a privately owned and operated company. There aren’t any plans to appear on a publicly traded stock market. As a result, there’s no Blue Origin stock. The closest you can come to investing in a company like Blue Origin would be to buy shares of its “parent” company, Amazon, as the two are linked via Amazon’s CEO, Jeff Bezos.
The closest you can come to funding a company may be buying products from Amazon’s eCommerce site. Bezos has stated that Blue Origin is directly funded by the money he makes from selling some of his shares in Amazon.
Whichever the case, there’s no direct way to invest in Bezos’ outer space vision. Therefore, it’s difficult to analyze just how Blue Origin stock would perform as publicly traded equity.
Virgin Galactic Holdings ($SPCE) TipRanks Stock Forecast Report 3/24
Blue Origin Competition
One company we can compare to right now is Richard Branson’s company , Virgin Galactic. It does trade on the New York Stock Exchange; unlike Blue Origin stock or SpaceX.
Virgin Galactic debuted on the public markets in October 2019 via a SPAC IPO by Social Capital Hedosophia. It’s a shell company managed by famed venture capitalist and former Facebook exec Chamath Palihapitiya.
Since its inception, $SPCE has done decently as a stock. However, shares have traded mostly sideways for the past few months. The stock peaked at $42.49 per share at the end of February.
But it has a current 50-day moving average of $17.88 and a 200-day moving average of $17.71, which illustrates how flat the stock has performed recently.
The proposed price tag is $250,000 per ticket. As a result, SPCE is hardly providing a service that’s accessible to a majority of people, which brings into question exactly how large the total addressable market for civilian space travel truly is.
Another Company to Consider
Earlier this month, it was announced that another company called Momentus would also make its way to the public markets.
They’d be doing a SPAC IPO reverse merger just as Virgin Galactic did last year. Momentus isn’t a direct competitor to Virgin Galactic because they’re not involved in civilian travel.
However, it’s in the business of building spacecraft, which at least puts it in the same space. There are a growing number of companies emerging in the space industry.
Therefore, it shouldn’t be surprising that the investing world is trying to get into the sector on the ground floor. There’s a space-themed ETF trading under the ticker NASDAQ: UFO.
Ambitious investors can get an early jump into what could be a booming industry shortly. Maybe you’ll see Blue Origin stock there soon.
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Blue Origin Stock Future
Not to the stock market. Bezos has yet to mention bringing Blue Origin public anytime soon.
So, investors chomping at the bit to put their money into the future of space travel will have to look elsewhere. With a company like Blue Origin, we can only speculate on future opportunities in an industry.
It may not be available to the masses shortly. Is Blue Origin profitable? Not. Can we compare it to Virgin Galactic? It’s certainly not an apples-for-apples comparison.
But fundamentally, we can expect similar ratios from its balance sheet. Virgin Galactic’s financials aren’t pretty to look at for investors.
There are red figures all across the board. It has an operating margin of -15,626.70%, a return on equity of -120.27%, and an adjusted EBITDA of -$242.16 million. Yikes.
Space Travel
UBS analyst Carl Beresford has high hopes that the space industry will one day be out of this world. Beresford puts early estimates at $1 trillion for the global space economy over the next 20 years.
More companies and more countries are beginning to enter the realm. SpaceX fired the first shot in the space race. It successfully sent the first privately owned shuttle into orbit in late May.
This didn’t sit well with Virgin Galactic owner Richard Branson. His company announced that Branson himself would be heading into space in early 2021.
Will Bezos follow in Branson’s footsteps for Blue Origin? Not likely. Branson is known for his bold personality. He’s more similar to the charismatic Elon Musk than the usually reserved Bezos.
Final Thoughts: Blue Origin Stock
So, for now, investing in Blue Origin may seem like a far-off hope for the future. However, let’s remember, so was space travel at one point.
It’s difficult to surmise when a private company would decide to go public. But we can rest assured that it won’t happen until the sector is more established.
If investors truly believe in the future of civilian space travel and space tourism, the options right now include Virgin Galactic, Momentus, or the ETF NASDAQ: UFO to add to their watchlists.
People can also take an outside look at Boeing (NYSE: BA), Lockheed Martin (NYSE: LM), or Raytheon Technologies (NYSE: RTX) as a way to get a direct way to invest in the aerospace manufacturing side of the sector.
Keep the name Blue Origin on your radar. For speculative companies like this, it helps to have deep pockets to fund their projects. And the pockets only get so much deeper than Bezos’s.
Frequently Asked Questions
Jeff Bezo's has not mentioned if Blue Origin will be publicly traded someday. They are currently a privately held company.
Blue Origin is a private company that currently doesn't allow investment opportunities. There are no plans for an IPO.
SpaceX isn't publicly traded, so investors cannot purchase their stock. They are privately held.