What Happened
Investment Surge Fuels Growth In Global Space Market
Goldman Sachs has released a report titled ‘The Second Space Age,’ projecting the global space economy to reach $1.8 trillion by 2035. The firm cites collapsing launch costs, surging private capital, and public-market funding as drivers of this growth. The space industry is seeing significant investment, with over $55 billion flowing in during 2025 and a record $36 billion in the first quarter of 2026. According to the report, aerospace companies have raised $89 billion through IPOs since 2025, with Space Exploration Technologies Corp’s Nasdaq debut in June raising roughly $75 billion. This growth was first reported by Benzinga.