“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!
Have a great time in the Mysterious Outback!
🙂
what a facinating presentation
Hope you have time to go through the entire web presentation. Just spent an hour over breakfast discussing the 2 broadband killer aps for the new satellite infrastructure – driverless cars and cryptocurrencies.
Jupiter Ascending – A (heartless) family ‘owns’ planets, harvest the inhabitants to make a solution that keeps people eternally young. ‘TIME is the most precious resource in the Universe.’
Reminiscent of how ranchers feel about their cattle … A very worthwhile movie!
Also, The rambus article on thee web presentation was an amazing piece of information especially for someone trying to understand markets and charts and what i should be looking for this is information worth subscribing. I wish you would post things that help us understand markets better for someone who isn’t already deeply involved in it.
I love reports like these. Very interested in how the space based economy will come about. Thank you
Space Corps, I suppose.
“The Martians”: who do they think they’re fooling with those oh-so-red landscapes and chemical rockets blasting off?
IMO they are hoping to get an entire generation of young people signing up for STEM programs and to become space engineers. It is first and foremost a recruiting film.