In recent recent years, space launch costs have come down due in nows all part of entry of newish players in the space launch industry such as SpaceX and Blue Origin. Reduction of launch costs are setting the stage for increased direct space economic development. Indirect economic growth will be enabled on the ground enabled by enhanced space capabilities and connectivity. Prognosticators predict growth of space into a trillion dollar opportunity within the next decade or two. As worldwide internet satellite constellations become reality, even more indirect economic opportunities will become feasible on the ground across the globe.
And when Alexander saw the breadth of his domain, he wept for there were no more worlds to conquer...
Sunday, December 29, 2019
One Trillion Dollars!!!
In recent recent years, space launch costs have come down due in nows all part of entry of newish players in the space launch industry such as SpaceX and Blue Origin. Reduction of launch costs are setting the stage for increased direct space economic development. Indirect economic growth will be enabled on the ground enabled by enhanced space capabilities and connectivity. Prognosticators predict growth of space into a trillion dollar opportunity within the next decade or two. As worldwide internet satellite constellations become reality, even more indirect economic opportunities will become feasible on the ground across the globe.
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