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Global Space Economy Reaches $686B in 2025

July 22, 2026

1 min read

Key Takeaways

Global space economy reached $686B in 2025.
12% growth compared to 2024.
Commercial activity accounted for 79% of the space economy.
Government space spending hit $141B.

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Strategic Implications

The growth of the space economy may indicate increasing reliance on space-based infrastructure, which could drive further investment in commercial and government space activities. The surge in defense spending suggests a growing focus on national security in space, which may lead to new opportunities for space companies.

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What Happened

Record Growth Driven by Commercial Activity and Government Spending

The global space economy reached a record $686 billion in 2025, driven by a 12% growth in commercial activity and government spending, according to the Space Foundation’s annual report. The report found that commercial revenue accounted for 79% of the space economy, with government space spending hitting $141 billion. The growth is expected to continue, with the Space Foundation predicting a compound annual growth rate of 10%. This was reported by Payload Space.

Source | Originally Published: July 22, 2026

Companies Mentioned