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SpaceX President Gwynne Shotwell sees satellites as bigger market than rockets

Posted in business, Elon Musk, satellites

SpaceX is taking a commanding role in the rocket business — but Gwynne Shotwell, the company’s president and chief operating officer, expects the satellite business to be more lucrative.

Shotwell sized up SpaceX’s road ahead in a CNBC interview that aired today in connection with the cable network’s latest Disruptor 50 list. For the second year in a row, the space venture founded by billionaire Elon Musk leads the list.

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