The National Defense Authorization Act for 2020 has been a boon for the U.S. Department of Defense, the aerospace, IT hardware, telecom industries, and Wall Street. Morgan Stanley estimates that the global space industry and the increasingly codependent symbiotic relationship between private enterprises and the U.S. government could generate revenue of more than $1 trillion or more in 2040, a significant increase from $350 billion generated in 2020.
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