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Space Economy Surges to $1.8 Trillion | Raleigh News
Space is exploding — literally and financially. Goldman Sachs predicts the space economy could hit $1.8 trillion by 2035, turning orbit into a full-fledged industrial sector with its own supply chains. Thanks to a 98% drop in launch costs since the 80s, private and public investment is pouring in at record rates, even drawing the U.S. Defense Department deeper into the game. SpaceX’s historic IPO reset investor expectations, and nearly $90 billion has flowed into aerospace companies since last year. The winners? Firms that master both cutting-edge tech and public markets — it’s a long…
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