We just published a list of the 10 Best Satellite and Space Stocks Billionaires Are Buying and Planet Labs PBC (NYSE:PL) ranked 6th on this list.
Over the past few years, space and satellites companies have gone from being considered speculative, meme stocks to an investable category. Businesses in the sector are generating solid revenue and are receiving high-value government and defense contracts that are closely tied to their growth stories.
The biggest story of the year for the sector...