Investors betting on space growth under Trump administration 

NEW YORK — Investors are preparing for the incoming Trump administration to expand the defense budgets driving the space industry’s growth. “I think that it’s going to bring more investment into the space market,” Mark Boggett, CEO and managing partner at British early-stage space investor Seraphim, said Nov. 20 during the Deutsche Bank Global Space Summit here. According to Boggett, Donald Trump’s recent re-election provides “more clarity around budgets and long-term budgets that are going to contribute to space-related companies.” He also noted how the previous Trump administration had pressured…

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