Transportation
SpaceX, Blue Origin Rivalry Enriches Old-School Manufacturers
- Satellite networks, geopolitical competition also fuel growth
- Space market could reach $1 trillion in next 10 years: MDA CEO
The SpaceX Starbase launch facility under construction in Boca Chica, Texas.
Photographer: Mark Felix/BloombergThis article is for subscribers only.
As private space firms like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin step up rocket production and development and more nations race to the moon, mid-size manufacturers that provide their equipment and supplies are reaping the benefits.
Satellite builder MDA Ltd, heat-transfer manufacturer Graham Corp and aluminum maker Constellium SE all saw share gains of two-thirds or more last year, driven in part by the billions of dollars in private and government funding for space exploration and the creation of large-scale satellite networks.