GE Aerospace
Makes and repairs engines for passenger and military airplanes.
📖 Its story
In 1892, General Electric was formed by joining the company of Thomas Edison, the inventor of the light bulb, with another electric company. For more than a hundred years it made all kinds of things: light bulbs, refrigerators and turbines. In 2024 it split up, and the airplane engine part stayed as GE Aerospace.
💵 How it makes money
It sells airplane engines and, most of all, charges for maintenance and spare parts for many years.
🤯 Fun fact
In the 1940s, General Electric built the first jet engines in the United States.
👍 The good part
Its engines are in thousands of airplanes that carry people all over the world.
⚠️ The risk
If people fly less, like during the pandemic, airlines use and repair fewer engines.
🧠 Did you get it?
What famous inventor is part of the beginning of General Electric?
🗂️ Quick facts
- Founded in: 1892
- Founded by: Thomas Edison, Charles Coffin and other partners
- Home: Evendale, Ohio, USA
🔎 How to find it on the stock market
- Search the internet for GE stock.
- You can also find it in your parents' investing app with the letters GE.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in GE Aerospace. Ask your mom or dad to join the list.
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