See the original article here: An investor’s guide to space, Wall Street’s next trillion-dollar industry

The space industry is in the middle of a widespread transformation, as the last decade has seen a number of young companies begin to seek to profit in an area where most of the money was made from military contracts or expensive communications satellites. The estimated $400 billion space economy is still largely dominated by large aerospace and defense companies, serving government-funded interests. But investors say that’s changing, with Morgan Stanley , Goldman Sachs , Bank of America and UBS each issuing frequent research for clients on how the space industry is growing. Wall Street’s consensus is that space […]

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