Andrew Chanin sees space economy topping $1 trillion by 2030

The business of rockets and satellites reached $686 billion in 2025. Andrew Chanin, the founder and chief executive of investment firm Procure Asset Management, says space tech is blowing past every schedule. Morgan Stanley, a Wall Street bank, made predictions back in 2019, but real growth already zoomed past those goals.

Research group Space Foundation confirmed the huge total last year. "Most estimates that I've seen have us well over a trillion dollars by, uh, by early 2030." Turns out counting stars is a full-time business now.