Launch is only ~2-3% of the ~$700B space economy. The other 97% โ Earth observation, satcom, GPS, debris removal, tourism, manufacturing โ and the sectors most investors miss.
The commercial space stations racing to replace the ISS by 2030: Axiom Station, VAST's Haven-1, Orbital Reef, Starlab, Tiangong, and ISRO's Bharatiya Antariksh Station under NASA's CLD program.
How Axiom Space plans to build the world's first commercial space station by docking modules to the ISS first, then detaching to form a private orbital outpost.