Honda, Toyota, Geely Invest in Rockets
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Why Are Honda and Toyota Trying to Compete With SpaceX?
77% Informative
Honda Motor Co. ( NYSE : HMC ), Toyota Motor Corporation , and China 's Geely Holding are all now investing in rockets.
Honda has been developing what CNBC calls a "proprietary reusable rocket" Toyota made a $44 million investment in Japanese rocket start-up Interstellar Technologies earlier this year .
Geely, meanwhile, is investing $326 million in satellite manufacture.
Stock Advisor’s total average return is 821% -- a market-crushing outperformance compared to 167% for the S&P 500.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 690,624 !.
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