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16 Best Space Stocks to Buy Now What lies beyond the Earth’s atmosphere is breathtakingly beautiful. A common definition of space is the Karman Line, the imaginary boundary 100 kilometers (62 miles) above the sea level. On October 4, 1957, the Union of Soviet Socialist Republics launched Sputnik, the first artificial satellite to orbit the Earth. On April 12, 1961 history was made when Russian cosmonaut, Yuri Gagarin became the first human in space. And since then, human’s interest in space skyrocketed. According to BizVibe, The global space industry is currently worth $414.8 billion. In 2019, space companies raised a record of $5.8 billion in private investments. Totaling investments to $26 billion since 2009. Evidently, the amount of money invested in space companies each year is increasing significantly. In the USA alone, the space industry was valued at approximately $158 billion and could grow into a trillion-dollar industry by 2040.

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