SpaceX, Blue Origin Space Race Is Boosting Suppliers' Bottom Lines.

Private space companies like SpaceX and Blue Origin are increasing rocket production and development, leading to a boost in business for mid-size manufacturers that supply their equipment and supplies. Companies such as MDA Ltd, Graham Corp, and Constellium SE have seen significant share gains due to the billions of dollars in funding for space exploration and the creation of satellite networks. The global space economy is projected to grow by 41% over the next five years, and commercial launches in 2023 increased by 50% compared to the previous year. Established manufacturers are embracing the new sales opportunities, with the total space market potentially reaching $1 trillion in the next decade. [Extracted from the article]