![How to Buy Relativity Space Stock [2023] | Step-by-Step](https://assets.finbold.com/uploads/2023/09/how-to-buy-relativity-space-stock-1.jpg)
Summary: Relativity Space is not publicly listed, meaning its stock is unavailable to the general investing public. Fortunately, there are other ways to gain exposure to the company and the aerospace sector. Indeed, individuals who want to invest in Relativity Space stock can do so indirectly, i.e., by purchasing shares in relevant aerospace companies with trading platforms such as eToro and Interactive Brokers.
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About Relativity Space
The company develops manufacturing techniques, launch mechanisms, and rocket engines for commercial orbital launch services. They’ve gained recognition for introducing the world’s first 3D-printed rocket, the Terran 1, as well as the Terran R, a reusable medium-to-heavy-lift launch vehicle.
Relativity Space IPO date
While Relativity Space has garnered significant attention and investment, there have been no firm indications of the company planning an initial public offering (IPO) soon.
How to buy Relativity Space stock?
Since Relativity Space is a private company, its stock isn’t publicly available. However, investing in the aerospace sector could be a viable alternative for gaining exposure to the company.
How to invest in Relativity Space? Step-by-step process
Relativity Space stock isn’t publicly traded on stock exchanges, so you will have to invest indirectly; let’s break down the process step by step.
Step 1: Research the market and select a company to invest in
While you can’t invest in Relativity Space directly, you can invest in other publicly traded aerospace companies that may benefit from the overall growth in the sector, such as:
- Virgin Galactic (NYSE: SPCE);
- Maxar Technologies (NYSE: MAXR);
- Lockheed Martin (NYSE: LMT);
- Astra (NASDAQ: ASTR);
- Rocket Lab (NASDAQ: RKLB);
- Planet Labs (NYSE: PL).
For diversified exposure to the aerospace sector, consider these space ETFs:
- SPDR S&P Aerospace & Defense ETF (NYSE: XAR);
- Invesco Aerospace & Defense ETF (NYSE: PPA);
- Direxion Daily Aerospace & Defense Bull 3X Shares (NYSE: DFEN).
All the previously listed company shares and ETFs can be accessed via your standard retail brokerage. In the next section, we’ll investigate how to select the right broker and offer some suggestions for potential options.
Step 2: Choose a broker
When picking a broker, consider the following:
- Costs: Understand all fees, including commission fees and account maintenance costs;
- Range of offerings: Ensure the broker provides access to the assets you’re interested in;
- Regulation and security: Ensure the broker is fully regulated by the relevant financial authorities in your area and offers robust security measures;
- Account minimums: Some brokers require a minimum amount to open an account. Make sure this aligns with your budget;
- Fractional stock trading: Fractional shares allow investors to purchase equities by the dollar amount, particularly useful if you’re on a budget or intend to implement a dollar-cost averaging (DCA) strategy.
To securely invest in the aerospace sector, consider these brokers:
1. eToro
- Commission-free stock trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares available;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
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Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
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Copy top-performing traders in real time, automatically.
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eToro USA is registered with FINRA for securities trading.
2. Interactive Brokers (IBKR)
- Commission-free stock trading;
- Global stock-trading on 90+ market centers;
- Fractional shares available;
- Extra income on fully paid shares;
- Lowest financing rates for margin accounts in the industry;
- No account minimum.
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Easily fund your account and trade assets in 26 currencies
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IBKR pays up to 4.58% interest on cash balances of $10k or more
Step 3: Fund your account
Before you can begin investing in Relativity Space alternatives, you’ll need to fund your account. Options often include direct bank account linking, debit/credit cards, or third-party providers like PayPal (PYPL).
Step 4: Place your order
Place your order by following these simple steps:
- Step 1: Search for the company or ETF by using its ticker symbol;
- Step 2: Decide on the order type. The two most common options available to you will be a market order, filled immediately, or a limit order, fulfilled at your predetermined price point;
- Step 3: Determine how much you want to invest, whether by the dollar amount or by the number of shares;
- Step 4: Review all order details to ensure accuracy. Once satisfied, submit the order (click ‘Buy’ or ‘Open Trade’) to your broker for execution.
Step 5: Monitor your investment
Here are a few pointers to effectively keep track of your aerospace investments:
- Stay updated with industry news: Check reputable aerospace news sites and subscribe to relevant newsletters for regular insights. Also, note that even if you cannot buy Relativity Space stock directly, the performance the company still influences the market;
- Follow company announcements: Listen to earnings calls and review press releases to stay informed about company performance and future plans;
- Set alerts: Use your online broker to track the stock’s performance and set price alerts. Additionally, consider using tools like Google Alerts for real-time updates on aerospace topics or specific companies;
- Review financial statements: Periodically analyze quarterly and annual reports to gauge a company’s health;
- Monitor global events: Keep an eye on geopolitical events and policies that could influence the aerospace sector;
- Consult advisors: Consider discussing portfolio performance and strategies with a financial expert.
Pros and cons of investing in space stocks
Pros
- High growth potential: As space exploration and technology evolve, there’s a significant opportunity for growth, especially as ventures like space tourism, asteroid mining, and lunar/Mars colonization are explored;
- Innovation and technological advancement: The space industry is at the forefront of technological innovation, which can lead to spin-off technologies beneficial to other industries and everyday life;
- Monopolistic opportunities: Due to the high entry barriers, companies that secure a strong foothold can enjoy monopolistic or oligopolistic advantages;
- Government contracts and partnerships: Many space companies secure lucrative contracts with governmental agencies, ensuring stable revenue streams;
- Diversification: Investing in space stocks can provide portfolio diversification, as these stocks might not correlate directly with traditional market sectors.
Cons
- High risk: The space industry is still in its infancy, and many companies are yet to turn a profit. There’s a significant risk of company failures;
- Regulatory and political challenges: The industry can be affected by changing governmental policies, international treaties, and regulations, potentially hampering growth or operations;
- High capital requirements: Space ventures require significant capital, which can strain company finances, leading to high debt or the need for continual capital raises;
- Technological setbacks: Failures, such as rocket explosions or mission failures, can set companies back both financially and in terms of reputation;
- Competition: As the industry matures, competition, especially from large, well-funded companies, can pose challenges to smaller firms;
- Long investment horizon: Returns on investments in space companies might require a longer timeframe given the research, development, and testing phases for space technologies.
How to buy Relativity Space stock safely
Navigating the investment landscape is akin to walking a tightrope; it’s all about balance and foresight. As you tread this financial high-wire, avoid these common missteps to ensure you don’t wobble:
- Lack of research: Investing without adequate knowledge can lead to poor choices. Always research companies, sectors, and market trends before investing;
- Impulsive decisions: The stock market has its highs and lows. Making decisions based on short-term market movements rather than long-term potential can compromise your returns;
- Chasing past performance: It’s a common misconception that past stock performance indicates future results. However, buying stocks solely based on their previous returns can be risky. That is, a stock that’s soaring now might not necessarily continue its upward trajectory;
- Ignoring fees: Overlooking the impact of brokerage fees, fund expense ratios, or transaction costs can erode your returns over time.
- Putting all your eggs in one basket: While it’s tempting to heavily invest in a stock or sector that seems promising, it’s crucial to diversify. Having a variety of investments can help mitigate risks;
- Poor planning: Setting clear goals for your investments is pivotal. Whether you’re saving for retirement, a holiday, or creating an emergency fund, having a defined objective and exit strategy helps guide your investment choices.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Relativity Space stock
Is Relativity Space public?
No, Relativity Space is a private company.
When will Relativity Space go public?
The Relativity Space IPO date is unknown.
What is Relativity Space's stock symbol?
Relativity Space has not gone public and, therefore, does not have a stock ticker.
Has Relativity Space stock IPO date been announced?
Relativity Space has not announced an IPO date.
How to invest in Relativity Space?
Direct investment isn’t possible now. However, you can invest in public companies operating in the aerospace domain or the broader aerospace sector via ETFs.
Who owns Relativity Space?
Various investors, including venture capital firms and private stakeholders like Mark Cuban, have backed Relativity Space.
What is Relativity Space stock forecast?
Stock forecasts typically depend on market conditions, company performance, and industry trends. As of now, since Relativity Space has not gone public.
How much is Relativity Space worth?
The most recent valuation puts Relativity Space’s worth at $4.2 Billion.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
