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The space industry hopes eclipse excitement will be rocket fuel for the $500 billion space economy

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Millions of people across the country witnessed a total solar eclipse earlier this week, and those involved in the space business are hoping that all the excitement surrounding it will entice more people to join the space workforce.

“You don’t have to be a rocket scientist to be in the space industry,” said Heather Pringle, a retired Air Force major general and the nonprofit’s chief executive. Space Foundation, told Yahoo News. “We need financial managers, we need human relations experts, we need all types of individuals to help this industry grow and prosper and so that we can realize the full potential that technologies in outer space can bring to help us on Earth. ”

A view of the sun re-emerging from totality during the eclipse.
A view of the sun re-emerging from totality during Monday’s eclipse. (Shannon Faulk/AP)

According to the foundation’s annual Space Report, released earlier this week, the number of people working in the space industry will increase by 4.8% in 2023 (it has increased by 30% since 2016). Every state in the country now has at least one space-related organization, the report noted. And the $546 billion space economy – which grew 8% last year – is on track to become a billion-dollar industry by 2030.

“The growing role of space in our lives is a trend we will continue to see,” said Pringle. “It’s affecting almost every human being, whether we realize it or not.”

More total solar eclipse coverage

One of the drivers of the space economy is the race among private space exploration companies – including Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin – to bring people to space.

“What this commercialization trend is going to do is bring more diverse markets, more diverse industries into the space ecosystem that didn’t exist before,” Pringle said. “And when we get there, we will have a much broader range of industries participating, such as manufacturing, food and beverage, hospitality, of course, space tourism.”

This image taken from space shows parts of the United States and Canada in the shadow of the Moon during the total solar eclipse.
This image taken from the International Space Station shows the moon’s shadow covering parts of Canada and the US during Monday’s total solar eclipse. (NASA via AP)

Pringle sees the commercialization of space as a compliment to NASA, which already employs more than 17,000 people and is, among other things, on a mission to return astronauts to the Moon by 2026.

This is why something like an eclipse is important for both the space industry and humanity.

“It makes me feel like I’m part of something bigger than myself,” Pringle said. “An event like a total solar eclipse brings us together. It makes us forget all our differences. And we focus on the similarities we have and how we are all part of this Earth and affected by the cosmos around us.”

People gather at a cemetery in Brooklyn to watch the eclipse.
People gather at Greenwood Cemetery in Brooklyn to watch Monday’s eclipse. (Michael Nigro/Pacific Press/LightRocket via Getty Images)

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