Zaid
๐ค SpeakerAppearances Over Time
Podcast Appearances
And all this hype around space and future moon landings has caught the attention of Wall Street.
So let's talk about the growing space economy and why it matters for investors.
Here's the thing that most people don't realize.
Space is already an important part of the global economy.
Every time you open up Google Maps or order Uber or-
the weather, or even swipe your credit card, you're using space technology like GPS satellites and satellite imagery and satellite communication.
This stuff powers so much of modern life that we don't even think about it anymore.
According to the Space Foundation, the global space economy totaled $613 billion in 2025, and nearly 400,000 people are employed in space-related jobs.
But this space, no pun intended, is about to get much bigger.
The consulting firm McKinsey estimates the space economy could reach $1.8 trillion by 2035.
That's nearly 3x from where it is today.
And a big reason for that is that space launches have gotten so much cheaper.
Thanks to companies like SpaceX and the reusable Falcon 9 rockets, the cost of getting a kilogram of payload into orbit has dropped from about $15,000 in 2008 to under $1,000 as of 2025.
That's a 95% drop in price in 17 years.
And according to ARK Invest, SpaceX's next generation Starship rocket could bring that cost down to just under $100 per kilogram at scale.
So think about what that could mean, because when it costs $15,000 per kilogram, only governments and massive defense contractors could afford to do stuff in space.
But now that the costs are $1,000 per kilogram and getting cheaper every year, suddenly startups can run experiments in orbit and create new businesses and services.
This is kind of what happened with the internet.
When bandwidth was expensive, only big corporations could afford it.
But when it got cheaper, more and more people came online, and now some of our biggest companies today are internet companies.