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Venture Money Fuels a Fleet of Space Startups

Bumps and bruises are perfectly normal for emerging companies, particularly tech start-ups. But the rapidly evolving and highly mysterious business of space presents obstacles on a much grander scale.

Nonetheless, Silicon Valley venture capitalists are betting big, pouring $1.7 billion into space-related companies this year, according to CB Insights. Even if you exclude the $1 billion of that raised just by Elon Musk’s SpaceX, the market has still attracted almost twice as much money in 2015 as in the past three years combined.

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This article originally appeared on Recode.net.

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