This article first appeared on Trend Investing on June 20, 2020; therefore all data is as of this date.
The space sector is undergoing rapid change and looks like undergoing a major growth trend during the 2020's decade. The invention of reusable rockets has allowed for much cheaper space travel today; thereby opening up several new possibilities. Today I look at three of them - Global satellite internet networks, space tourism, and the potential for rapid long haul earth travel ('rapid inter-continental flight'). I also look at the leading companies for each.
Forecasts for the