ESA: Record spending and launch growth mask cracks in the space economy
ESA’s 2024 space‑economy report shows record public budgets (€122 billion), €7 billion of private investment and third‑year double‑digit launch growth. But Europe’s industrial position is eroding and a single large constellation is skewing sector metrics — ESA’s Nathalie Tinjod warns these imbalances raise sustainability questions for 2026.