It's impossible to predict the future. But one thing you can be sure of: Few things will be of more important to the lives of our children than who wins the emerging, epoch-defining struggle for control of space.
This is a battle just beginning over who will control the communication satellites so central to our economy as well as the vast resources of other planets. But ultimately, the new space battle represents a war over opportunities for colonization, for an increasingly resource-stretched and crowded earth.
This may sound like apocalyptic sci-fi. But space is already becoming big business, and it's certain to get much bigger. Boosted by a huge surge of investment, space-industry global revenues are up more than twofold since the early 2000s, from $175 billion in 2005 to almost $424 billion in 2019. By 2040, Morgan Stanley projects annual global space-industry revenues to reach $1.2 trillion.
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