Explained | Why billionaires are going to space - News Summed Up

Explained | Why billionaires are going to space


Each of these billionaires claims to have been fascinated by the idea of space travel ever since their childhood. Lastly, it is not just these big businessmen who have shown interest in the space sector. Notably, Seraphim Space Investment Trust, a publicly-traded fund which holds stocks in various space companies, is backed by Mr. Branson. The future of the space sector will depend heavily on how governments frame their policies towards space. This can cause space travel and other space-related services to become more accessible to common folks as well.


Source: The Hindu July 23, 2021 09:00 UTC



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