Reviving the Space Industry: A New Secular Boom and Emerging Opportunities

The space industry is entering a secular bull market driven by private companies like SpaceX, which is expected to go public next year with a $1.5 trillion valuation. Three emerging segments of the space economy include data centers, broadband internet, and earth-imaging satellites, with companies like Elon Musk, Alphabet, and Amazon racing to deploy the first data centers in space and companies like AST Space Mobile, Globalstar, EchoStar, and Viasat leading the broadband internet space.