#6 - A Rational Perspective on the Space Launch Market with Pierre Lionnet
TerraWatch Space Podcast
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Why Is So Much Investment Flowing Into the Space Industry?
There is a lot of fascination with those projects the guys which are promoting them maybe also interesting people with a vision. If you look at the flow of money that's going to the micro launcher environment my estimate is that only in Europe it was 500 million in 10 years. Rocket Labs now maybe is a four billion dollar company because of this SPAC phenomenon. I believe that there is aA lot of hubris going on with launchers a lot of virility. It's the closest thing you can have to developing a bomb your own bombIt's a controlled explosion and I have been witnessing one shuttle launch even before they've launched.
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