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Outer space gold rush has Wall Street eyeing the moon

From finance.yahoo.com

Investors looking to cash in on the new space gold rush should keep their eye on the moon, according to a new note from analysts at Morgan Stanley. The moon is increasingly seen as a national security issue, with countries including the U.S. and China, as well as a number of private firms, honing in on its strategic location and large deposits of critical minerals and water. Morgan Stanley’s analysts dubbed China’s recent landing on the far side of the moon a “Sputnik moment” for the U.S., and said the event is likely to spur investment in the new space economy. “The moon is seen as an important weigh station for the ... (full story)

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