Thursday, August 20

Topic: space

A rocket launches carrying a communications satellite
Markets
Saturday, 7/18, 07:33 AM

UBS Sees the Space Economy Reaching $1.3 Trillion by 2040

  • The Swiss bank UBS projects that the global 'space economy' could grow to around $1.3 trillion by 2040, up from roughly $400-500 billion today, as launch costs fall and satellite services expand.
  • It is a forecast, not a fact, and it sits at the higher end of a cluster of Wall Street estimates.
  • Here is what the number rests on and how to read it.

space — news and stories on this topic

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