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Space Foundation: Global space economy grew by 9% compared to last year

Capitalism in space: According to its annual report, the Space Foundation has determined that the global space economy grew by 9% in 2021, totaling almost half a trillion dollars total.

Most of the money generated by the space industry came in the commercial sector, which saw a 6.4% boost in revenues, with more than $224 billion coming from products and services delivered by space firms and nearly $138 billion spent on infrastructure and support for commercial space enterprises.

The report also found a 19% increase in government spending on both military and civilian space projects, with India, China, and the U.S. leading the way.

Because of the shift to a competitive and independent space industry in the U.S. the government is also now getting a lot more bang for buck. The increased funding is not simply funding pork on the ground, it is actually producing results in space, and doing so more efficiently.

Conscious Choice cover

Now available in hardback and paperback as well as ebook!

 

From the press release: In this ground-breaking new history of early America, historian Robert Zimmerman not only exposes the lie behind The New York Times 1619 Project that falsely claims slavery is central to the history of the United States, he also provides profound lessons about the nature of human societies, lessons important for Americans today as well as for all future settlers on Mars and elsewhere in space.

 
Conscious Choice: The origins of slavery in America and why it matters today and for our future in outer space, is a riveting page-turning story that documents how slavery slowly became pervasive in the southern British colonies of North America, colonies founded by a people and culture that not only did not allow slavery but in every way were hostile to the practice.  
Conscious Choice does more however. In telling the tragic history of the Virginia colony and the rise of slavery there, Zimmerman lays out the proper path for creating healthy societies in places like the Moon and Mars.

 

“Zimmerman’s ground-breaking history provides every future generation the basic framework for establishing new societies on other worlds. We would be wise to heed what he says.” —Robert Zubrin, founder of founder of the Mars Society.

 

All editions available at Amazon, Barnes & Noble, and all book vendors. The ebook can be purchased direct from my ebook publisher, ebookit, in which case you don't support the big tech companies and I get a bigger cut much sooner. Note that the price for the ebook, $3.99, goes up to $5.99 on September 1, 2022.

 

Autographed printed copies are also available at discount directly from me (hardback $24.95; paperback $14.95). Just email me at zimmerman @ nasw dot org.

One comment

  • Edward

    In 2016, ULA had predicted a “Gross Space Product” of about this much for 2021:
    https://www.youtube.com/watch?v=uxftPmpt7aA (7 minutes: “ULA: Cislunar 1000”)

    ULA also predicted that there would be 20 astronauts working in space by last year, too, but at that time we all though that commercial manned spacecraft would be launching a few years ago and that Bigelow space habitats would be flying and manned by 2020, too.

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