The business of spaceflight: The 7 biggest moments of the year | CNN


This year didn’t end up exactly how many in the spaceflight industry had hoped.

Rocket launches were delayed. Explosions and development setbacks pushed off exciting milestones. NASA astronauts still don’t have the option to fly aboard American spacecraft.

But there were also numerous indicators that the burgeoning commercial space industry is in good health.

Investments in the sector are growing exponentially. And Wall Street banks, from Goldman Sachs to Morgan Stanley, predict the global space industry will grow to $1 trillion or more over the next two decades.

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