There is no denying that an influx of private capital and innovation has reinvigorated the space sector. SpaceX’s launch of the Falcon Heavy and the synchronized return landings of its two side boosters (see photo) wowed millions of people worldwide and furthered the company’s goal of dramatically lowering launch costs. Blue Origin should soon be launching tourists to the edge of space; and its founder, billionaire Jeff Bezos, talks of a future with factories in space. Thousands ...

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