Global Space Economy Grows to $613 Billion

Space Economy Overview - Global commercial space revenue increased by 8% year-over-year to $613 billion [1] - The private sector accounts for 78% of the space economy, valued at $480 billion in 2024 [1][3] - Government budgets contribute just over $130 billion to the space economy [1] Commercial Sector Breakdown - Position, Navigation, and Timing (PNT) comprises $231 billion of the commercial market [4] - Ground infrastructure and equipment is the second largest service at $123 billion [4] - Both PNT and ground infrastructure subsectors experienced 10% growth year-over-year [4] US Investment and Leadership - The United States is the number one investor in the global space economy across all sectors [6] - US national security investment in space is $49 billion, with over 90% allocated to the United States Space Force [7] - The United States is investing $27 billion in the civil government space economy [7] - The United States launched a record 97 rockets in the first six months of 2025 [8] Golden Dome Project - Golden Dome is a national security initiative valued at $175 billion for the entire development effort [8] - The project aims for a three-year timeline, focusing on mature and existing capabilities [15] - Multiple companies are expected to contribute to the project, covering launch, sensing, tracking, and intercepting capabilities [14]