Space Economy

All about Space Economy

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News

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News

Space Force Distributes $60 Million to 5 Space Companies, Counterbalancing SpaceX Dominance

Space Force awarded $60 million in contracts to 5 space companies, while Virgin Galactic announced delaying its flights until 2027, and AST SpaceMobile recorded a $230 million loss.

8/21/2026
News

SpaceX Jumps 6% Amid Institutional Inflows as Goldman Forecasts $1.8 Trillion Space Economy

SpaceX stock recovered with a 5.9% surge, driven by strong institutional demand and a Goldman report projecting the global space economy to reach $1.8 trillion by 2035.

8/21/2026
News

SpaceX stock drops to initial offering price as lock-up period expires

SpaceX stock fell to its initial offering price following the expiration of the lock-up period, while markets await crucial Starship tests that could restore momentum to the stock.

8/21/2026
News

Rocket Lab Makes Progress in Securing FCC Approval for Iridium Services

Rocket Lab is making progress in securing FCC approval for its project with Iridium, a step that removes regulatory barriers to completing the partnership in the commercial space sector.

8/18/2026
Space Economy | 60 Arabia