Some venture capitalists and other businesspeople are saying the emerging commercial space industry may be reaching the point Internet companies reached in the mid 1990s, when huge amounts of new investment money flowed into them, creating the dot-com boom. They cite SpaceX and Virgin Galactic as leaders of an industry on the verge of establishing itself.
Similar predictions were made a decade or so ago, and it obviously didn't work out. This time, however, SpaceX, VG, and others have real successes behind them, and a better grasp on how they might make money. Whether the industry is near a point of critical mass or not, however, remains to be seen.
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