“Bank of America Merrill Lynch sees the size of the space industry octupling over the next three decades, to at least $2.7 trillion…As the cost of space access plummets, BofAML joined Morgan Stanley among Wall Street investment banks bullish on the extraterrestrial industry. Both put the space market today at around $350 billion, but BofAML’s outlook is nearly triple Morgan Stanley’s expectation of a $1.1 trillion market by 2040.” ~ Michael Sheetz @thesheetztweetz
“2017 saw a record $3.9B of non-government, equity investment flow into commercial space companies” ~ Space Angels, Space Investment Quarterly Q4 2017
By Catherine Austin Fitts
This week on The Solari Report, I will present the theme of the 1st Quarter 2018 Wrap Up: Who’s Who & What’s Up in the Space-Based Economy.
I will review the area of activities, the changes in technology that are inspiring growth and the companies and private enterprises active in space. I will also cover the unanswered questions that make evolving an integrated framework for space economics such a mind-bending challenge.
The Trump Administration is significantly increasing US interest and investment in space. The President has even indicated he wants a “Space Corp.” There is a lot to be excited about.
However, there are also significant concerns. Will investment in space merely be used to justify more central control with surveillance and communications technology combined with high tech weaponry? I will touch on Elana Freeland’s new book, Under An Ionized Sky.
Make sure you review our updated presentation under Space Enterprises at the 1st Quarter 2018 Wrap Up Web Presentation. Jason Worth has updated and expanded our list of companies traded on US, European and Asian stock markets, as well as private space companies (yes, lots of new start ups) and governmental organizations. Reviewing the growing number of companies involved helps demonstrate the breadth of the activities involved and the explosive investment underway.
In Let’s Go to the Movies, I recommend another great film from director Ridley Scott – The Martian. The push for man made missions to Mars is on – and it’s a global push. While politicians would have you believe that the US, Russia and China are at each others throats, a remarkable amount of cooperation continues in space. It’s part of becoming a multi-planetary civilization.
Make sure to check out our extensive section Space in the Movies at the 1st Quarter 2018 Wrap Up Web Presentation – with recommendations and reviews for 60+ movies about space.
It’s the last week of the month so no Money & Markets.
Keep posting and e-mailing your questions for Ask Catherine. I will respond in the first Money & Markets in May.
Talk to you Thursday!