This will create more billionaires than the internet boom: 2010: $50,000 to send 1kg to space 2024: $100 Soon: $10 But everyone's focused on the wrong thing. The real opportunity isn't in launches - it's in what comes after:
Remember when the internet was just "cables under the ocean"? That's space right now. The cost to orbit just crashed 99.8% in 14 years. And just like the internet wasn't about cables... This isn't about rockets:
Unlike the Cold War space race focused on prestige & military power... Today's space race is about one thing: Money. And a lot of it. The global space economy will grow from $424B to over $1 TRILLION by 2040. Here's why smart money is flooding into space:
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Enter SpaceX's revolutionary move: Reusable rockets. By developing technology to land and reuse their rocket's first stage, SpaceX slashed launch costs by 30%. Traditional rockets were single-use. SpaceX made them reusable. New companies entered the market.
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The cost reduction is enormous: 2010: $50,000 per kg 2020: $1,000 per kg 2024: $100 per kg Future: $10 per kg This 99.98% cost reduction unlocked an entirely new economy. Space went from government domain to commercial goldmine.
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Ideas that seemed impossible are becoming real: • Global internet coverage anywhere on earth • Space manufacturing • Asteroid mining • Space-based solar power Companies are racing to capture these trillion-dollar opportunities.
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Take SpaceX's Starlink vs Amazon's Project Kuiper: Both are launching massive satellite constellations to beam internet everywhere on Earth. Why? Because whoever controls space internet controls the next generation of global communications.
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Space manufacturing is transforming the industry. The microgravity environment in space is perfect for making: • Crystals • High-value materials • Advanced pharmaceuticals Things that are impossible to make on Earth.
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Unlike the old space race between two superpowers... The new space race has multiple players: • SpaceX • Rocket Lab • Blue Origin • Virgin Galactic • And dozens more All competing to capture different parts of the trillion-dollar space economy.
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The best part? This isn't just about billionaires playing with rockets. The space boom is creating: • New jobs • Revolutionary tech • Industries we can't even imagine yet And we're just at the beginning.
I hope you've found this thread helpful. Follow me @thegrahamcooke for more. Like/Repost the quote below if you can:
A bit more about me! I'm Graham. Author, innovator, entrepreneur, and one of the first European employees at Google. I built products with them that generated over $2B+ in revenue. Currently working on @bravafinance to manage stablecoin yields with ease.