For decades, space exploration was dominated by government programs and agencies like NASA. However, the commercial space industry has taken off in the past decade at a pace few predicted. The space economy, spanning satellites, launch services, communications, and even earth imaging, is projected to reach $1.8 trillion in the coming decade, according to the World Economic Forum.
Investors who want exposure to this rapidly expanding industry have a handful of publicly traded companies to choose from. While most of the industry’s headlines still go to privately held giants like SpaceX, several listed players have and could continue to benefit massively from the long-term growth story.
