By ROSIE MURRAY-WEST, Mail on Sunday, 13 April 2025:
When Katy Perry first sang Firework 15 years ago, it seemed unlikely that she would ever ‘shoot across the sky’ like the subject of her top-selling hit.
But this week, the 40-year-old singer will fly 62 miles above the earth’s surface on Jeff Bezos’s Blue Origin rocket ship, with the Amazon founder’s fiancee Lauren Sanchez, in a flight that will further boost the popularity of ‘space tourism’.
Space tourism, where paying customers blast off towards orbit, could be worth $4-6 trillion before 2035, according to a report from the World Economic Forum, with wealthy individuals paying for trips to space stations and for flights like Perry’s..
If you are interested in the space theme, there are also ways to invest that are not wholly dependent on the success of space tourism. However, this too is high risk and should only make up a small proportion of portfolios of those who choose to invest.
Seraphim Space Investment Trust focuses on space technology.Its top three holdings are ICEYE, D-Orbit and All.Space. ICEYE focuses on satellite monitoring, D-Orbit on what is known as ‘space logistics’ – such as the delivery of satellites – and All.Space on defence communications..
Boggett, at Seraphim, says he believes this part of the space industry has huge potential.
‘The new US administration has signalled its enthusiasm for innovative commercial providers to drive both the lofty ambitions for manned missions to Mars and greater efficiency in defence spending,’ he says. James Carthew, head of investment companies at research group QuotedData, says Seraphim is ‘unique’ and ‘invests in these parts that are unreachable by most earthlings’ because so much of the industry is unlisted.
‘The trust is focused on the smaller company end of the market so doesn’t include SpaceX in its portfolio, which is also a useful diversifying factor,’ he adds..
‘If the trust fulfils the promise that Mark [Bogett] sees for it, the result could be spectacular,’ Carthew says.
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