In the not-too-distant future, entirely new industries will be developed in space. But for these endeavors to be viable, we need to first get the necessary tools into orbit. That's where one of the most crowded new sectors has developed. More than 100 privately-backed launch companies are in fierce competition to get payloads into space as fast, often and cheaply as possible. For more Giant Leap episodes: www.youtube.com/watch?v=VlbZTyBuFlQ&list=PLqq4LnWs3olWR-zshlDHm6Avj0oURtc1X #BloombergGiantLeap #Space #Future -------- Like this video? Subscribe to Bloomberg on YouTube: www.youtube.com/Bloomberg?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: www.bloomberg.com Connect with us on... Twitter: twitter.com/business Facebook: www.facebook.com/bloombergbusiness Instagram: www.instagram.com/bloombergbusiness/

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