SpaceX’s Starlink network surpassed 7,000 satellites in orbit by June 2025 after a record double launch on June 28, deploying dozens of new satellites from Florida and California within 13 hours. Starlink generated $11.8 billion in revenue in 2024, overtaking its launch business for the first time. In June 2025 India granted Starlink a license…
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In 2024, Rocket Lab surged over 360%, Intuitive Machines jumped 720%, and Redwire climbed 436% amid a wave of small-cap space-stock rallies. By early 2025, many space stocks retraced 40–60% from their 2024 highs as investors reassessed profitability and valuations. Rocket Lab USA (NASDAQ: RKLB) reported Q1 2025 revenue of $122.6 million, up 32% year…
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In the first four months of 2025, over 1,200 satellites were launched, roughly a 50% increase from the same period in 2024. SpaceX’s Starlink had more than 7,000 small satellites in orbit by late 2024, with 573 Starlinks launched in Q1 2025 and about 9,000 laser inter-satellite links moving some 42 petabytes of data per…
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In 1965 Lloyd’s of London issued the first space insurance policy for an early Intelsat satellite. In 2019 insured losses reached about $788 million against roughly $500 million in premiums, following major failures such as a Vega launch with a ~$414 million loss. The global space insurance market was valued at about $3.6 billion in…
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SpaceX’s Starlink has launched over 8,000 satellites since 2019, with about 4,000 operational and service in 125+ countries serving more than 5 million users. OneWeb merged with France’s Eutelsat in 2023 to form a combined GEO+LEO operator, after launching 618 of 648 Gen1 satellites by March 2023 and planning Gen2 at around 300 satellites. Amazon’s…
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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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