Latin America Joins the Space Race

The $75 billion IPO for Elon Musk's SpaceX is just the latest sign of explosive growth in the global space industry, which is forecast to reach $1.8 trillion by 2035. Latin America, it turns out, has more to offer this boom than most people realize. Countries along the equator such as Ecuador, Brazil and Peru are among the most efficient and cost-effective places on Earth to launch satellites into orbit. In the Southern Cone, countries are already sought-after locations for ground observatori...