Shine Trader Limited reports:
Now the space industry is getting a lot of attention from the financial system and the world, the last time it had such a shine was during the Apollo moon missions in the 1960s and 1970s. And much of that, of course, is thanks to a handful of billionaires, space jazz — Elon Musk, Jeff Bezos and Richard Branson.
Branson and Bezos have already flown into space in their own aircraft, while Musk’s SpaceX has become the dominant provider of personnel and supplies to the International Space Station.
Investors, fearful of missing out, are flocking to space companies in the hope that their investments will go with the rockets. Such momentum has led some analysts to sound the alarm, warning investors that this is a nascent industry with so much business risk that a rocket explosion could wipe out companies.
The space industry, long considered too risky to be a serious investment, now faces a sudden influx of billions of dollars. The mushrooming of start-ups is reminiscent of the flood of money that poured into Silicon Valley at the dawn of the Internet age.
Gen. John Raymond, the head of the U.S. Space Command, even predicted in a recent speech that the commercial space industry would usher in ‘a second golden age in space.’
Over the past decade, investors have poured $200 billion into 1,500 Space companies, according to Space Capital. Last year alone, Space startups received $7.6 billion in total investment, up 16% from 2019, according to Bryce Space and Technology, a consulting firm.
article links：Is the Space sector overdone? Is a giant bubble forming?
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