Private Capital Heralds the Second Space Race

After decades of stagnation and decreasing government funding following the Cold War, the U.S. space industry has found new legs in recent years due to massive private financing and an increased interest from the Trump Administration.
Private Capital Heralds the Second Space Race
The SpaceX Falcon Heavy launches from the Kennedy Space Center in Merritt Island, Fla., on Feb. 6, 2018 Jim Watson/AFP/Getty Images
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“Space, the final frontier” began the memorable title sequence from the “Star Trek" television series.

After decades of stagnation and decreasing government funding following the Cold War, the U.S. space industry has found new legs in recent years due to massive private financing and an increased interest from the Trump administration.

Fan Yu
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
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