When it comes to the modern day space industry, SpaceX’s dominant hold on rocket launches have put the company ahead of its competitors in astronomical proportions.
According to Lazard investment banker Vikram Nidamaluri, SpaceX’s near monopoly on the rocket launch sector is a “huge concern” on the space industry’s value chain.
Nidamaluri pointed out that SpaceX’s dominance could eventually cause a bottleneck at the needed launch of satellites, astronauts and spacecraft into the atmosphere.
With the rest of the space industry continuing to lag further and further behind SpaceX’s rocket launch portfolio, expect the Elon Musk-founded company to continue orbiting laps around its competitors in the years to come.
