Opinion: 11 best space stocks to buy according to hedge funds

The space market has advanced by leaps and bounds in the past few years, driven by massive investment from billionaires like Elon Musk,Jeff Bezos, and Richard Branson who have succeeded in bringing down the cost of a satellite launch from $200 million ten years ago to around $60 million.

Further innovation is expected to bring this price tag down to $5 million within the next few years. Another possible reason for the increased private sector interest in space is the development of reusable rockets by companies like SpaceX.