STPI Questions $1 Trillion Space Economy Claims
A new analysis by the Science and Technology Policy Institute (STPI) calls into question claims about the size of the “space economy” today and projections for the future. Trump Administration officials routinely cite forecasts of a “trillion dollar space economy” that are supported by reports from well known financial institutions, but STPI concludes they involve methodological mistakes or misunderstandings about the space business that result in overstating the value of commercial space activities.