The global space industry is worth more than $400 billion, 80% of which comes from commercial activity, according to the Federal Aviation Administration.
Beleaguered rocket startup Astra Space will raise as much as $65 million gross through a new stock sale effort while also carrying out a stock consolidation effort.
George Nield, who led the FAA's Office of Commercial Space Transportation, talks about managing the risks of private space travel without harming innovation.