Breaking Down the Business of Space for People on Earth

Welcome to the Launchpad Newsletter, your top source for political, economic, and social developments in the New Space Economy, built by real entrepreneurs shaping it.

Ready-for-launch into the insights of the most impactful industry of the 21st Century.

This Week’s Next-Gen Newsflash

🚀 Chinese rocket company suffers yet another explosive launch failure

🛰️ US Nuclear Command calls for tougher satellites, and big paydays for whoever delivers them

💸 Microsoft rallies space investment with $40M in funding to Starlink network startups

Today’s Subject of Space: NASA’s Big Bet on Blue Origin

Mars is about to get its next probe, and Blue Origin is going to launch it.

When it debuts, the ultra heavy-lift rocket built by Jeff Bezos’ rapidly growing aerospace company will be the 3rd largest rocket in the world. And partially reusable, with an expendable second stage and a massive self-landing booster.

NASA has entrusted Blue Origin with a rare confidence for the maiden flight, awarding multimillions in contract value to send the ESCAPADE probe into Martian orbit.

There, it will study the Martian magnetosphere and its interaction with the solar wind, for scientific research and in preparation for future manned missions to the Red Planet.

Overkill for a comparatively low-cost satellite to fly on such a large, new rocket?

Or a natural growth in commercial reliance and affordable science missions?

Either way, the launch market is about to get much larger, and much louder!

State of the New Space Economy

• Looking to raise venture capital in the New Space Economy? These 33 firms lead the pack, and could one day place their wager on you!

• In 2021, the space economy accounted for a mere 0.6% of US GDP. By this time next year (2025), it could nearly double in size.

• By 2035, over 60% of economic demand for space goods and services will be driven by supply chain and transportation, leaving the remaining 40% for a thriving in-space economy of manufacturing, research, and tourism.

Top Space Creators to Follow in 2024

📸 Instagram: All Around Science (442k followers)

👔 LinkedIn: G. Pettit (11k followers)

✖️ X: Curiosity Rover (4.2m followers)

📽️ TikTok: AstroKobi (2.7m followers)

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