TECHNOLOGY

The global space economy reached $596 billion in 2024 and is projected to grow to $944 billion by 2033.

This graphic, via Visual Capitalist's Bruno Venditti, illustrates the size of the space economy as of December 2024, based on data compiled by Novaspace.

The space economy includes government agencies and companies involved in the production and launch of satellites and spacecraft, data generation, Earth-based infrastructure, R&D programs, and more. (more…)

Firefly Aerospace's "Blue Ghost" lander became the first private spacecraft to successfully land on the Moon after descending from lunar orbit early Sunday morning.

Firefly confirmed on X around 0336 ET that the 6.6-foot-tall lander "stuck the landing" and "became the first commercial company in history to achieve a fully successful Moon landing. This small step on the Moon represents a giant leap in commercial exploration," adding this (more…)

Update (1909ET): 

Seconds before launch, SpaceX halted the countdown at T-40 seconds as flight controllers addressed an undisclosed issue. 

"T-40 seconds and holding. Teams are using this time for final checks," SpaceX wrote on X. 

Minutes later, SpaceX announced that Test Flight 8 would be scrapped due to an undisclosed issue with the Super Heavy booster.

"Standing down from today's flight test attempt. Starship team is determining the next best (more…)