The Space Economy: Projected to Reach $1.8 Trillion by 2035

(Analysis) The space economy is rapidly evolving from a realm of scientific exploration to a booming commercial sector. In 2023, it reached a value of $630 billion and is projected to soar to $1.8 trillion by 2035. This growth outpaces global GDP, driven by technological advancements, commercial activities, and public-private partnerships. Space tourism is becoming […]