Yep. Two things the space industry and airline industry have in common is that (i) you need to spend an enormous amounts of money to have a remotely viable prod

Yep. Two things the space industry and airline industry have in common is that (i) you need to spend an enormous amounts of money to have a remotely viable product, because the physics is hard even without regulation (ii) you don't get that money back unless the product you've spent all that money developing has better unit economics than your competitors for a sufficiently large number of target customers (or your national government steps in to protect you) because there aren't many buyers and the market isn't buying aircraft or payload space because they like the vibe or the aesthetics. That naturally tends towards monopoly (or oligopolies with carefully defined differences in capabilities, some of which turn out to be unprofitable segments...)