Space Industry Will Triple In Size To US$1.1 Trillion By 2040, Morgan Stanley Predicts

Published on 13 October 2017

Investment bank Morgan Stanley forecasts that the global space industry – which is currently worth around US$350 billion – will triple in size and be worth over US$1.1 trillion by 2040 due to increased investment in space and satellite technology, according to CNBC.

Morgan Stanley identified a diversified group of 20 stocks, called the “Space 20”, which are set to benefit the most from the space industry’s expansion. The list includes aerospace firms such as Boeing, technology companies such as Apple, and internet firms such as Alphabet and GoDaddy.

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