Locus: Space Economy

Global Space Economy

78% commercial ($478.1B) · 22% government ($132.0B total, $77.0B of it from the US)

Curated · reviewed 2024 figures, published July 2025 · Space Foundation, The Space Report 2025 Q2

Top government space budgets

• NASA

  Washington, DC · FY2025

  $25.4B

• China National Space Administration

  Beijing, China · 2024 (est.) · estimated

  $13.5B

• European Space Agency

  Paris, France · 2025

  $8.3B

• Roscosmos

  Moscow, Russia · 2024 (est.) · estimated

  $3.5B

• Indian Space Research Organisation

  Bengaluru, India · FY2025-26

  $1.6B

Top private valuations

• SpaceX

  Hawthorne, CA · 2025

  $250.0B–$400.0B

• Blue Origin

  Kent, WA · 2025

  $60.0B–$100.0B

• Maxar Technologies

  Westminster, CO · 2023

  $6.0B–$6.4B

• Pixxel

  Bengaluru, India · 2026

  $380M–$420M

Satellite constellations

• Starlink

  Broadband internet · LEO

  ~7,300 est.

• OneWeb

  Broadband internet · LEO

  ~630 est.

• GPS (NAVSTAR)

  Navigation · MEO

  ~31 est.

• Galileo

  Navigation · MEO

  ~28 est.

• Iridium NEXT

  Satellite phone / data · LEO

  ~75 est.

• GLONASS

  Navigation · MEO

  ~24 est.

• Globalstar

  Satellite phone / IoT · LEO

  ~24 est.