Space Business: How Private Money is Changing Space Exploration

Oct 12, 2023 | Business, Technology, Videos

In recent years, the space industry has seen a significant shift. No longer is it solely the arena of national space agencies, but private companies have entered the fray with their cutting-edge technologies and ventures. NASA, spearheading this new era, has been promoting programs to incentivize such companies. SpaceX, founded by Elon Musk, and Blue Origin, founded by Jeff Bezos, are classic examples of these new startups that are driving innovation in space business.
Thanks to the investments pouring into these startups, the space industry is witnessing a boom like never before. In 2019, 135 startup space ventures received funding and investments, marking a growth of 34% in comparison to the previous year. With so much happening, it’s hard to keep up, but in this documentary, you’ll get exclusive insights into how the space business is changing, and how private money is reshaping the sector in unprecedented ways.

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David B