Reported about 9 hours ago
A report by Seraphim Space highlights that funding for space startups is expected to grow in 2025 driven by escalating tensions between the U.S. and China. In 2024, the sector attracted $8.6 billion in investments, with significant deals like Apple's $1.5 billion acquisition of a stake in Globalstar and a $1.25 billion sale of SpaceX shares. As the U.S. government reallocates funding toward private-sector space solutions, investment opportunities are likely to expand amidst the intensifying rivalry.
Source: YAHOO