Why We Are Seeing a Growing Disconnect Between Public and Private Space Markets
Private space markets are hotter than ever. Not a whiff of deceleration. The opposite is happening in public space markets.
Private space markets are hotter than ever. Not a whiff of deceleration. The opposite is happening in public space markets.
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Total Revenue: $14.6B (+161% YoY). For comparison, the company generated $18.7B of revenue for all of 2025.
Years ago, when Starlink first launched its broadband service, SpaceXers would tell me the company internally saw direct-to-cell as the future of the business.
Based on conversations we’ve had with both space company executives and investors, there is a clear disconnect in prevailing sentiment on the impending launch crunch.
Thanks to the WSJ, we finally have some concrete numbers on Blue Origin.
Space funding in the private markets has not slowed down, not a bit.
Solar has become one of the space industry’s most consequential procurement decisions.
Starship is flying again next week on its first orbital mission, a significant milestone for the program.
Who are the most active space VCs? Who leads the most top deals? Who participates in the most top deals? And which investors have the strongest round-by-round retention?