Space Stock Craze Comes to Europe as One UK Fund Quadruples

It’s not just US retail investors piling into any asset connected to space exploration. Europeans want in, too.

Shares in British SpaceX supplier Filtronic Plc are up 245% in a year, while German satellite maker OHB SE has gained 635%. Another standout winner has been Seraphim Space Investment Trust Plc, whose stock trades at a whopping 71% premium to its last reported net asset value after quadrupling in price.