Global Space Economy Grows to $613 Billion
Bloomberg Televisionยท2025-07-22 14:18
The Spice Foundation out with its latest quarterly report showing global commercial revenue jumping 8% from a year ago to 613 billion. The leading driver, the private sector, which accounts for 78% of the space economy. Government budgets making up the smallest portion of just over 130 billion.Potential catalysts for growth include President Trump's golden tongued Elon Musk, StarLink and commercial spaceflight. Joining us now to discuss is Heather Pringle, the CEO of the Space Foundation. Heather, welcome t ...