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Global Space Economy Hit $469B In 2021

The Space Foundation released the 2022 Space Report which takes data from around the globe to calculate the space economy. It turns out the global space economy hit $469B in 2021 and rocketed up 9%…

Global Space Economy Hit $469B In 2021

Global Space Economy Hit $469B In 2021
Steve Skotte
The Space Foundation released the 2022 Space Report which takes data from around the globe to calculate the space economy. It turns out the global space economy hit $469B in 2021 and rocketed up 9% from 2020. The commercial sector makes up the majority of the total and 1,022 spacecraft have already been placed into orbit from Jan-Jun 2022. For the full report, go to the Space Foundation website.