3 Millionaire-Maker Space Stocks
Historically, space exploration and putting satellites into orbit has been within the purview of government-funded agencies like NASA.
That's changing, though. For-profit corporations can handle this work at least as cost-effectively as government-run organizations can. Elon Musk's SpaceX recently facilitated the world's first-ever private citizen spacewalk, for example, while Jeff Bezos' Blue Origin is mainstreaming space tourism. Blue Origin's newest rocket will even soon be launching two Mars probes for NASA.
This is only the beginning of privatized work in outer space, now that technology not only allows for it, but necessitates it. Market research outfits Polaris and Precedence agree that launch services alone will be roughly a $50 billion-per-year business within a decade. Meanwhile, Morgan Stanley and Citi both predict that the entirety of the science, technology, and services businesses linked to space will be worth on the order of $1 trillion by 2040.
Source Fool.com
