In 2024 the global space economy reached $415 billion, with commercial satellite activities totaling about $293 billion (71%). The number of active satellites rose from about 3,300 in 2020 to over 11,500 by end-2024 due to mega-constellations. SpaceX and OneWeb have joined traditional players like Airbus, Boeing, Lockheed Martin, Thales Alenia, Intelsat, SES, Eutelsat, and…
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In 2024, the global space economy reached $415 billion in revenue, up 4% from 2023. Commercial satellite activities totaled about $293 billion in 2024, representing 71% of the global space economy. The number of operational satellites rose from roughly 3,371 in 2020 to 11,539 by the end of 2024, a more than threefold increase. SpaceX…
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