The Growth of the Space Industry
About this episode
The episode discusses the growth of the space industry driven by falling launch costs and innovations in AI.
Falling launch costs, innovations, and AI are fuelling a space economy that could reach $1 trillion by the 2040s, according to Michael Tarulli and Erik Sparks in Goldman Sachs Investment Banking. The key driver: launch costs have plunged sharply, opening up access to space and enabling new frontiers of commercial activity. The shift is creating new potential opportunities as well as risks for investors. To learn more about the impact of AI on space, satellites, and other industrial sectors, read Harnessing AI for the Real Economy. Recorded on July 7, 2026. The opinions and views expressed herein are as of the date of publication, subject to change without notice, and may not necessarily reflect the institutional views of Goldman Sachs or its affiliates. The material provided is intended for informational purposes only, and does not constitute investment advice, a recommendation from any Goldman Sachs entity to take any particular action, or an offer or solicitation to purchase or sell any securities or financial products. This material may contain forward-looking statements. Past…
People in this episode
Guests: Michael Tarulli, Erik Sparks
Topics covered
- space industry
- launch costs
- AI in space
- investment opportunities
- commercial activity
Keywords
- space economy
- launch costs
- AI
- investment risks
- commercial space
Mentioned in this episode
Organizations: Goldman Sachs
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