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GOBankingRates
GOBankingRates
Jacob Wade

The New Space Race: 7 Companies Battling Musk — and How To Invest In Them

Tony Gutierrez/AP/Shutterstock

Elon Musk’s SpaceX remains the dominant force in commercial space launches, setting the industry standard for cost-efficiency and launch frequency. But today’s space economy is no longer a one-company show. Governments want backup launch providers for national security reasons, satellite operators want competitive pricing and lunar missions are evolving into a recurring business.

For investors, this new space race presents an opportunity. The challenge is that many of SpaceX’s closest competitors are private companies. Still, there are several ways to invest and gain exposure.

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