Space innovation is off to a strong start this year, marked by significant developments that underscore an era of exploration and commercialization beyond Earth's atmosphere. Investments in space have been on the rise, with $17.9 billion invested in 2023, according to a report by Space Capital. Of note is the fourth quarter’s 31% quarter-over-quarter surge, reflecting a renewed enthusiasm for backing space ventures. Leading the charge is Elon Musk’s SpaceX, which recently sealed a monumental $1.