Space Foundation pegs 2025 global space economy at $686 billion
Space Foundation
The Space Foundation says the global space economy hit $686 billion in 2025, up 12% year over year.
what happened
The Space Foundation's annual State of the Global Space Economy report, released July 21, put the 2025 global space economy at $686 billion, a 12% increase over 2024, per Payload. Government spending totaled $141 billion across 53 national budgets (up 7.4% year over year), with the US accounting for 57% of that figure; commercial activity reached $544.3 billion, or 79% of the total. Satellite manufacturing, launch services, and in-space servicing/SSA were the fastest-growing segments, up 67.2%, 49.4%, and 42.9% respectively, and private investment crossed $12 billion for the year.
why it matters
The five-year compound annual growth rate is now near 10%, and Space Foundation CEO Heather Pringle says the sector has become 'critical infrastructure.' The sector-level breakdown, especially the sharp jump in in-space servicing and SSA spend, gives operators and investors a benchmark for where demand is growing fastest.
for who
Investors and corporate strategy teams benchmarking sector growth
signal-to-noise
quick facts
- Companies
- Space Foundation
- Category
- financial
- Impact
- notable
- SNR
- 3 / 5
- Event date
- 2026-07-21
- Published
- 2026-07-22 17:36 UTC