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Private space investment declined in 2022 amid global economic downturn

Following a record year in 2021, private investment in the space sector declined by 58% to $20.1 billion in 2022, the lowest annual total since 2015, according to a new Space Investment Quarterly report from the firm Space Capital. The report cited several factors for the pullback, including an

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
Private space investment declined in 2022 amid global economic downturn
Photo by SpaceX / Unsplash

Following a record year in 2021, private investment in the space sector declined by 58% to $20.1 billion in 2022, the lowest annual total since 2015, according to a new Space Investment Quarterly report from the firm Space Capital.

The report cited several factors for the pullback, including an inflationary environment, a challenging investment environment, and a continued economic recovery from the COVID-19 pandemic.

While early-stage investments proved to be resilient, decreasing only 4% YoY with over 277 deals closed, the large decline came in late- and growth-stage companies.

SpaceX maintained its strong momentum, raising $2.0 billion in 2022, setting the company's second-highest annual fundraising record, after raising $2.6 billion in 2020.

Private Equity Market Investment

Source: Space Capital

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji

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