By 2035, the global space economy is predicted to reach roughly $1.8 trillion in annual value — up from approximately $630 billion in 2024 — driven by satellite mega-constellations, Earth observation services, commercial space stations, and the early stages of lunar resource extraction, in a quiet industrial revolution that many economists believe will exceed the speed of every previous economic transition in modern history

The thing that has happened to the global space economy over the past 25 years is the kind of phenomenon that is easier to see in retrospect than to recognise while it is occurring. In 2000, the entire global space industry generated approximately $130 billion in annual revenue, almost all of it from government programmes [...] The post By 2035, the global space economy is predicted to reach roughly $1.8 trillion in annual value — up from approximately $630 billion in 2024 — driven by satellite