The New Space Economy is Here
From advisorperspectives.com
If you’d told me twenty years ago that we’d soon see rockets launching into orbit every day-and-a-half, I’d have smiled politely and changed the subject. Yet here we are: in the first half of 2025, a new launch hit the sky every 28 hours—six hours ahead of last year’s record pace. The space economy isn’t coming; it’s here and expanding faster than most nations’ GDPs. In 2024, the global space economy hit $613 billion—up nearly 8% year-over-year. The commercial sector was responsible for nearly 80% of that growth, putting “space” on par with the GDP of Sweden. By 2035, projections put the industry at $1.8 trillion, ...
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