💨 Abstract

Space industry funding is projected to increase in 2025 due to escalating U.S.-China tensions, with investments reaching $8.6 billion in 2024. This is according to a report by Seraphim Space. Key deals included Apple's acquisition of Globalstar and SpaceX's share sale. Elon Musk's influence in the Trump administration and Jared Isaacman's potential leadership at NASA could further boost funding.

Courtesy: theprint.in

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