Charlie Stross on Nostr: Private spaceflight in the US now seem to be in an infrastructure bubble, with VCs ...
Private spaceflight in the US now seem to be in an infrastructure bubble, with VCs and PE firms buying into launch providers.
(Barring external disruptive events—a new 9/11 or equivalent—I don't expect this bubble to burst until both Starship and New Glenn are flying, probably by 2025. SpaceX, ULA, and Blue Origin are almost certainly big enough to survive the coming crash, but a lot of smaller launch providers will go to the wall. See also dot com 1.0/tulip mania/etc.)
https://arstechnica.com/space/2024/01/taking-stock-private-investment-in-space-companies-rebounded-in-2023/
(Barring external disruptive events—a new 9/11 or equivalent—I don't expect this bubble to burst until both Starship and New Glenn are flying, probably by 2025. SpaceX, ULA, and Blue Origin are almost certainly big enough to survive the coming crash, but a lot of smaller launch providers will go to the wall. See also dot com 1.0/tulip mania/etc.)
https://arstechnica.com/space/2024/01/taking-stock-private-investment-in-space-companies-rebounded-in-2023/