The industrialisation of space, a new Eldorado or the Wild West?

Space is no longer just a playground for state agencies: it is becoming a territory of economic opportunity where private giants, ambitious start-ups and emerging powers meet. Extraction of lunar or asteroidal resources, satellite constellations, orbital logistics, space tourism… The industrialisation of space is underway, driven by massive private investment and a global race for technological competitiveness. But behind this craze for ‘New Space’ lie strategic and structural questions. What business models are viable in the medium term? What infrastructures need to be developed to support a sustainable space value chain? How can we manage the risks – legal, environmental, geopolitical – in a space where the rules are still vague? In short, will space be the scene of a techno-economic Wild West, or will it become the next great industrial revolution of our time?