Of all the investment themes there are, space is one of the most exciting. Over the past few decades, the space travel race has taken on a new form as private companies have stepped in to fill gaps left by publicly funded space programs. The influx of capital has an enormous positive impact on the industry. Costs are falling, and new technology is making space travel easier, faster, cheaper and more accessible. [buffett] According to analysts at Morgan Stanley, the $350 billion Global Space Industry will grow into a $1.1 trillion Global Space Economy by 2040. Due to the risks of…
Space To Be A $2.7 Trillion Industry In Less Than 30 Years: BAML
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