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Human Spaceflight Could Be a $23 Billion Industry by 2030
- Space tourism, aviation both offer opportunities, UBS says
- Theme parks, tour operators may tap multibillion-dollar market
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Flying people to hang out in outer space could be worth $23 billion by 2030, UBS Group AG predicted.
Space hotels, theme park rides and flying wealthy long-haul passengers into orbit are among the opportunities to tap once the space industry gets off the ground, UBS analysts Jarrod Castle and Myles Walton said. The total space industry could be worth around $805 billion by then, they said, with commercial aviation carving out around $20 billion of that and tourism accounting for around $3 billion.