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Space economy attracts trillion-dollar funding
The space economy represents one of the fastest-growing sectors globally, driven by technological advancements in satellites, artificial intelligence, and reusable rockets. Estimates indicate that the size of the space economy has exceeded hundreds of billions of dollars and is expected to approach one trillion dollars within the next decade, with an annual growth rate between 8% and 12%. Activity is concentrated in areas such as satellite manufacturing and launches, the development of space stations, and ground services like navigation and communications. Meanwhile, both government and private investments are increasing, reshaping the global power landscape and enhancing the economic and technological influence of major nations.
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