Global Space Launch Market Sees Record Growth in 2025
The global space launch market is experiencing unprecedented growth in 2025, with over 120 successful orbital missions completed in the first half of the year. SpaceX continues to dominate, accounting for more than 50% of launches, driven by its Falcon 9 and Starship vehicles. The surge is fueled by rising demand for satellite constellations and commercial payloads.
Emerging technologies and competitive strategies are reshaping the industry, with regional markets expanding rapidly. Challenges remain, but strategic opportunities abound as the sector evolves. The James Webb Space Telescope's discovery of exoplanet TWA 7 b underscores the technological leaps propelling space exploration forward.