, there were more objects placed in orbit than in the first five decades of the space age combined.
With so many potentially conflicting national interests involved, the growth of the global space ecosystem is exciting but not without risk. That’s where the Space Foundation comes in.
That’s why we do the Space Symposium. The very first one was in 1984. There were 200 people, a few exhibitors, and it was all done in one very small hall. Now it’s massive: 13,000 participants, over 230 exhibitors, and all the senior military and governmental leaders coming in. We're a neutral player and we don't pick winners, but we do get all the policymakers and government people together. That’s one side of the business.
It would force whomever the administration is and Congress to support space from a financial perspective. I think there has to be a much bigger acknowledgment of the criticality that it brings to not just our national security but our economic security. The entire global space economy as of our last annual report was $469 billion per year. Based on the growth that we're seeing, this could easily be a trillion-dollar market by the end of the decade. Look at people like Jeff Bezos, Elon Musk and Sir Richard [Branson] — you have billionaires putting billions into it and they know what's going on, they see it.
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