A new report from the Defense Intelligence Agency, the military version of the CIA, revealed that Russia and China’s space assets have expanded 70% since 2019.
As threatening as that sounds, the report actually understates what’s at risk here – considering that from 2015 to 2018, we saw a combined increase of a stunning 200% for those same two nations.
In other words, Space Race 2.0 is officially kicking into high gear.
But Space Race 2.0 isn’t just about what’s happening on a geopolitical level.
Jeff Bezos’ Blue Origin is committing $10 billion to its Project Kuiper internet service, while Elon Musk’s SpaceX is launching scores of satellites for Starlink to surround Earth with their own satellite-based internet.
With the two richest people in the world leading Space Race 2.0 – Musk and Bezos with a combined net worth of $390 billion – alongside the most powerful nations on the planet, it’s no wonder Morgan Stanley projects that space could be a $1 trillion market by 2040.
But the United States’ top defense tech leaders won’t be left behind, either.
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