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:
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.
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.
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.
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.
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.
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.
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.
