The relationship between SpaceX founder Elon Musk and President-elect Donald Trump has sparked questions about how it may benefit the space industry. Andrew Chanin, Co-founder and CEO of ProcureAM, joined Market Domination Overtime to discuss the implications.
Chanin acknowledges that the partnership has raised eyebrows, but emphasizes that collaboration is crucial in the space sector. “Countries choose to work with certain countries, companies, and not others,” he explains. This geopolitically focused market means diverse participants are necessary for successful operations.
While SpaceX leads the current race, Chanin cautions that it’s not the only player. He notes that partnerships like Musk’s may give SpaceX a competitive edge, but also opens doors to other opportunities. The space industry’s future will depend on how these relationships unfold.
Source: https://finance.yahoo.com/video/musks-spacex-not-only-show-001500940.html