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Quest: Twenty Point Eight Billion

Oct 15, 2026 · 0:30

Juno: space start-ups raised twenty point eight billion dollars last quarter, a record! Mochi: nearly triple the quarter before ($7.4 billion), and almost half was one deal, Blue Origin's ten billion. Queen Honeycomb: without it, ten point eight billion, still a high; two hundred and sixteen deals, up from one hundred forty. Tock: twenty point eight! Juno: the investment firm Seraphim says it's real orders, not hype.

Space start-ups raised a record $20.8 billion in the third quarter, nearly triple the $7.4 billion of the second quarter, across a record 216 deals; almost half was Blue Origin's $10 billion financing, and even without it the $10.8 billion was a high, which the investment firm Seraphim says reflects commercial orders and government programmes rather than IPO enthusiasm.

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Investors Put $20.8 Billion Into Space in 3rd Quarter

The New York Times · Oct 15, 2026

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