How to Cash In on the Final Frontier
You don’t have to be a Trekkie to appreciate the growing investment opportunities in space. The space economy, measured by revenues generated by space-related endeavors, could triple in size to top $1 trillion over the next 10 years.
A big push is coming from innovative start-ups – private companies that have dramatically lowered the cost of making rockets and launching them into space. Recently, those efforts culminated in SpaceX’s recycled rocket – the first ever – which took four astronauts to the International Space Station in April. Leaps like that have space geeks predicting that we’ll have a colony on the moon by 2040.