Space To Be A $2.7 Trillion Industry In Less Than 30 Years: BAML

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Rupert Hargreaves
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Updated on

Of all the investment themes there are, space is one of the most exciting. Over the past few decades, the space travel race has taken on a new form as private companies have stepped in to fill gaps left by publicly funded space programs. The influx of capital has an enormous positive impact on the industry. Costs are falling, and new technology is making space travel easier, faster, cheaper and more accessible. [buffett] According to analysts at Morgan Stanley, the $350 billion Global Space Industry will grow into a $1.1 trillion Global Space Economy by 2040. Due to the risks of…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk