Space Stocks: The Space Race Is Heating Up

By Matthew Carr Trends Expert Matthew Carr discusses investing in space stocks and how tech giants have changed the scope of the space race.
In 1957, the Soviet Union launched Sputnik 1. This was the first artificial satellite to orbit Earth. It was monumental and ignited the space race that would shape U.S.-Soviet relations for decades to come.
Since then, roughly 9,000 satellites have been catapulted into orbit around the Earth. Of those, 5,000 remain in orbit. But fewer than 2,000 are still operational. The rest are just junk, littering the space around our planet.
Now a bevy of new projects – aimed at dethroning the …read more

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