The Future of Aerospace Engineers?

AI Thread Summary
The discussion centers on the future of the space industry, particularly in light of the Space Shuttle program's retirement. While some express pessimism about the industry's direction, there is optimism regarding the growth of the private sector, highlighted by companies like SpaceX, Virgin Galactic, and Stratolaunch Systems. The consensus suggests that while the private space industry is currently small, it has significant potential for growth, especially in satellite launches and other operations. The expectation is that the industry may experience a boom in the next decade, driven by increasing interest and investment in aerospace engineering and technology.
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What are PF's thoughts on the future of the Space industry. Many people seem pessimistic after the retiring of the Space Shuttle program. However, there has also been reoccurring news about the private space industry lately. Operations like SpaceX, Virgin Glactic, and Paul Allen's new Stratolaunch Systems all seem very promising.

Is the space industry failing, staying the same, or about to boom? I need your insight Physics Forums.
 
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About to boom, but probably not for a decade or so. Private industry still isn't very large, but I know SpaceX has been scouring my school looking for potential applicants from my pool of aerospace engineers. Plus, there's always launching satellites and probes and junk.
 

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