Beyond the SpaceX IPO: Where the smart money in space is going

While SpaceX’s IPO captures global financial headlines, a high-stakes space ecosystem has been quietly emerging. By shifting the goalposts from Mars to the moon and low Earth orbit, a broad coalition of smaller players have been investing in and building the infrastructure for a new space economy , and they’re poised to profit from the next century in orbit. It’s all about the moon Elon Musk was once obsessed with colonizing Mars.