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SpaceDecember 202510 min read

The $1T Space Economy

Capturing value beyond Earth

Space is no longer the exclusive domain of governments. As launch costs plummet and new use cases emerge, we see a clear path to a trillion-dollar space economy within the decade.

The post-Starship cost curve changes what is economically rational to put in orbit: compute, manufacturing, imaging constellations, and eventually resource extraction. Each of those creates tradeable commodities—spectrum, imagery, compute time, orbital slots.

Markets need exchanges. Our investment in a space commodities exchange reflects our conviction that financial infrastructure precedes—and accelerates—physical infrastructure.