Commercial spaceflight is no longer a pipe dream. Here’s what’s next

New York (CNN Business)The commercial spaceflight industry is growing up. But just like any maturing industry, some companies will go bankrupt, others will join forces to survive and some could be snapped up by bigger competitors. IPOs Last year, Virgin Galactic (SPCE), the venture founded by British billionaire Richard Branson, became the first space tourism company ever to make a stock market debut. Many heralded the move as a sign of the space industry’s maturity. But the listing took place through a reverse merger. That meant the company bypassed the…

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