Global Space Economy
The space economy was roughly $613 billion in 2024 and is projected to roughly triple to $1.8 trillion by 2035 (World Economic Forum and McKinsey), growing almost twice as fast as global GDP. Most of that growth is reach, not backbone: industries consuming space-enabled data, rather than launch and satellites themselves. Annual private investment into space companies ran roughly $8 to $12 billion per year across 2024 and 2025.
Public Space Pure-Play Revenue (FY2024)
FY2024 revenue across the publicly traded space pure-plays tracked in this sector, colored by segment. Iridium, a mature satellite-communications operator, dwarfs the younger launch, lunar, infrastructure, and imagery companies. AST SpaceMobile is pre-commercial, so its revenue is minimal despite a large market value. Private leaders SpaceX and Blue Origin are far larger but do not report public revenue.