Space no more a moonshot as billions surge into defense and startups

Published on 24 April 2026

Global space funding hits $272 billion since 2013

The global space sector is no longer niche: by end-2022 it had pulled roughly $272 billion in private equity across 1,791 companies since 2013. At the same time, national security space spending is accelerating, with the US FY2023 allocation for national security space investment accounts jumping 19.5% to $20.8 billion.

Private equity has poured $272 billion into space firms since 2013
US national security space investment rose 19.5% to $20.8 billion
Defense priorities are increasingly shaping the space economy
The boom signals faster capital flows into new space ventures

#space economy #private equity #us budget #defense spending #national security

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Space no more a moonshot as billions surge into defense and startups

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