Strong Commercial Sector Growth Drives Global Space Economy

Space Foundation Releases 2nd Quarter 2025 Report

Jul 25, 2025

∙ Paid

The global space economy reached an unprecedented $613 billion in 2024 reflecting strong 7.8% year-over-year growth, according to The Space Report 2025 Q2 from Space Foundation. The organization says the milestone underscores the vital role space plays in driving economic growth, ensuring national security, and enhancing public safety.

“Space is not just…

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