Globalisation Beyond Earth

The report identifies a new phase of globalisation driven by falling space transportation costs, which is integrating space into the terrestrial economy. This transition, led by companies like SpaceX, parallels historical waves of trade expansion but presents new challenges regarding market concentration and governance.

Key Takeaways

• 1.Falling launch costs are enabling a new phase of globalisation that integrates space assets into terrestrial economic infrastructure.
• 2.SpaceX's reusable rocket technology serves as a historical parallel to steamships and containerisation in driving down transportation costs.
• 3.The space economy faces significant risks including market concentration, underdeveloped governance, and geopolitical tensions.

Table of Contents

• Globalisation beyond Earth
• Hello from The Investment Institute
• Falling transportation costs
• Multiplanetary globalisation?
• Challenges

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