Earth Spinoffs of Commercial Space Projects

Space commercialization primarily focuses on funding private companies to develop new and better launch vehicles for NASA, satellites and space tourism. Some experts forecast that this activity will lead to $700 million annually in sales.

If we use the ESA economic multipler estimate of 20x, this spending would generate up to $14 billion in economic growth. At $100,000 per new job, it could yield 140,000 exciting new jobs annually in additional sales in aerospace and terrestrial industries.