The New Space Race
The Race Is On to Corner the Satellite Launch Market
In the first episode of Bloomberg’s Giant Leap, we explore the critical role rocket startups play in the coming industrial revolution in space.
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The original space race was between superpowers vying for supremacy in the sky above, and in the propaganda war below. Now, thanks to commercialization of what was once the exclusive realm of nations, there’s a new space race—and it’s all about business.
Instead of the U.S. and the U.S.S.R., the rivals these days are startups and entrepreneurs. They’re fighting for a slice of a $360 billion industry. In Giant Leap, a Bloomberg Originals series, we explore the risk and reward awaiting companies at the dawn of the next industrial revolution—one that starts in orbit.