The space economy is booming, with the S&P Kensho Space Index outperforming the S&P 500, gaining 51.99% in the past year. Investor interest is rising due to demand for defense systems and cybersecurity infrastructure, with the global space economy projected to reach $1.8 trillion by 2035.

The militarization of space is increasing, with the U.S. and Europe investing in defense capabilities. Space tourism is also on the rise, with the global market projected to reach $10.09 billion by 2030. Space technologies are playing a crucial role in climate control.

Investors can explore space-focused ETFs like ARKX, SPRX, UFO, and ROKT for long-term growth potential and exposure to the space economy.

Read more at Zacks Investment Research: Space ETFs That Can Launch Your Portfolio Higher – July 18, 2025