Elara Nova: The Space Consultancy’s Post

The Space Foundation’s annual assessment shows that the global space economy hit $570 billion in 2023, a 7.4 percent increase over 2022’s $531 billion — with worldwide military space spending jumping a whopping 18 percent to $57 billion.

Annual global military space spending jumps 18% to $57B in 2023: Space Foundation - Breaking Defense

Annual global military space spending jumps 18% to $57B in 2023: Space Foundation - Breaking Defense

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