Why The Billionaire Space Rivalry Is Great For Everyone [Forbes]
Aerojet Rocketdyne Holdings, Inc. (AJRD)
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Source: Forbes
The Billionaire Space Rivalry Is Great For EveryoneLucy LantoscaAt this point, very few in the space industry would argue the many societal benefits that the world inherited from the first Space Race. Fromintegrated circuitslaunched the modern environmental movementIn these early years, billionaires’ names will grab the headlines, much like their railroad, steel, and oil forebearers did in the 19“robber barons” and very often unfairly malignedas General Jay Raymond likes to call it.We have broken through an historical barrier: governments are no longer necessary to safely ferry humans to space. In the past two weeks alone, two commercial companies safely launched private citizens into space, while another is already delivering and returning astronauts from earth orbit. Encouraging their endeavors in space is not only good, but also necessary for the U.S. to continue to lead the world economically and politically.Three billionaires are forging their own path on the road towards greater
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