The global space economy, currently valued at over $600 billion, is poised for unprecedented growth and could reach $1.8 trillion by 2035. This rapid expansion is driven by technological innovation, increased commercial activity, and strategic government investments. The United States sits at the epicenter of this transformation, leading more than 60% of global launches and hosting companies that are redefining what’s possible beyond Earth. SpaceX, Blue Origin, and Planet Labs exemplify how U.S. markets consistently scale cutting-edge technologies, a trend first seen with companies like Tesla, Apple, and Google. For a closer look at the most promising players shaping this frontier, watch the video below.
Satellite communications and Earth observation are becoming increasingly central to both commercial and government operations. Iridium Communications provides global connectivity across sectors from aviation to defense, while Planet Labs delivers daily imaging and analytics of the planet, supporting industries from agriculture to insurance. Meanwhile, Rocket Lab is pushing the boundaries of launch technology with reusable rockets and satellite manufacturing, signaling the growing sophistication and accessibility of space services.
Space tourism is also taking off, with Virgin Galactic targeting high-net-worth travelers and developing new spacecraft to increase accessibility. For investors seeking diversified exposure, the SPDR S&P Kensho Final Frontiers ETF offers a portfolio spanning emerging space innovators and established aerospace firms, delivering strong historical returns with a relatively low expense ratio. As the space economy accelerates, these companies and funds highlight both the opportunities and transformative potential of this next frontier.
Disclaimer: Investments in securities markets are subject to market risks. Read all the related documents carefully before investing.
