If you know nothing about what’s happening kilometers above the clouds, maybe you should.
While investors prefer sectors with nearer-term benefits, space is an area Morgan Stanley anticipates will see “significant development.” Several recent events support the potential to transition investments in the global space economy from what is mostly the private equity domain to the public equity domain, writes a Morgan Stanley team of analysts, including Adam Jonas and Rajeev Lalwani, in an August 23 note.