CitiGroup Analysts Expect Space Sector to Become $1 Trillion Industry

According to Citigroup (NYSE: C) analysts, the space industry is likely to reach USD1 Trillion in annual revenue by 2040, as launch costs could drop by as much as 95% amid reusable rockets. The sector’s primary revenue source, specifically in the satellite division, is expected to come from manufacturing launch services and ground equipment. The …

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