President Donald Trump speaks at Kennedy Space Center following the May 30 launch of a SpaceX Falcon 9 rocket carrying the company's Crew Dragon spacecraft on NASA’s SpaceX Demo-2 mission.

“The space economy is accelerating,” writes U.S. Commerce Secretary Wilbur Ross. “Over 80% of the rapidly growing $423 billion global space economy is commercial. In 2020, the commercial space industry shattered records by launching over 1,000 spacecraft to orbit. Space activities that only existed on paper a few years ago are now being demonstrated and entering operation.”

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Brian Berger is editor in chief of SpaceNews.com and the SpaceNews magazine. He joined SpaceNews.com in 1998, spending his first decade with the publication covering NASA. He was named senior staff writer in 2004, a position he held until being named...