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Global Trends News 2 June 2025 - 16 June 2025

Rocketing into the New Space Race: Inside the Global Boom of Private Spaceflight and Payload Companies

Rocketing into the New Space Race: Inside the Global Boom of Private Spaceflight and Payload Companies

In 2023, the global space economy reached $570 billion, with private/commercial ventures accounting for about 78%. In 2023 there were 221 orbital launches (the most on record), more than 2,500 satellites launched, and experts project up to 100,000 satellites in orbit within the next decade. Since 2009, investors have poured about $347.9 billion into roughly 2,197 space startups worldwide. SpaceX’s…
Global Drone Market Outlook (2025–2030)

Global Drone Market Outlook (2025–2030)

In 2024, the total global drone market was about $73 billion, with forecasts to reach roughly $163–165 billion by 2030 at around a 14% CAGR. Some analyses forecast growth from about $30 billion in 2022 to $260.5 billion by 2030, implying a 27–39% annual growth rate. By 2030 the market’s major segments are projected to be: Consumer about $11.6B, Commercial…

Stock Market Today

  • MLK Day Market Closure Marks Start of a Busy Earnings and Economic Data Week
    January 19, 2026, 1:02 PM EST. Markets closed Monday for Martin Luther King Jr. Day, with trading and Q4 earnings resuming Tuesday. The holiday honors the civil rights leader whose activism shaped key 1960s legislation. This week, investors anticipate the delayed November Personal Consumption Expenditures report, a gauge of inflation favored by Fed Chair Jerome Powell, and the first revision of Q3 GDP growth from 4.3%. Initial Jobless Claims are forecast to rise slightly above 200,000 after last week's 198,000, reflecting a cautious labor market dubbed "no hire, no fire." Q4 earnings season kicks off Tuesday with key multinational conglomerates set to report before markets open, setting the tone for corporate performance in early 2026.
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