My guest this week is Pierre Lionnet, Director of Research at Eurospace, who has followed the global space sector for over 30 years. We discuss a range of topics including e.g. SpaceX, the launch sector in general, and national space policies. Pierre is one of my favorite people to follow on space as he usually provides very frank and thought out opinions. I think this comes through in this episode - enjoy!   🕰️ Timestamps:  00:00 - Introduction  00:55 - Guest Introduction 01:34 - Day-to-Day Activities at Eurospace 03:15 - Challenges in the Space Sector 06:22 - SpaceX's Impact on the Space Industry 07:35 - Economic Contributions and Cost Structures 11:02 - Production and Market Segmentation in Space 21:44 - Institutional Programs vs. Commercial Ventures 27:40 - Starlink's Business Model and Future Prospects 35:12 - SpaceX's Dominance in Commercial Launch 35:56 - The Cost and Pricing of Space Launches 38:40 - Starship's Potential and Market Impact 40:51 - Challenges for New Market Entrants 43:25 - National Space Policies and Industrial Strategies 46:27 - Global Space Economy and Future Projections 55:16 - Advice for Emerging Space Nations 01:00:19 - The Future Structure of the Space Economy 01:05:13 - Science Fiction and Space 01:06:07 - Conclusion    📍 About the Guest: Pierre Lionnet is the Research and Managing Director at Eurospace, the trade organization of the European space industry). He labels himself a space economist, being an economist by training and being professionally involved in the analysis of space markets, space industry supply chains and space technology and innovation trends for the past 30 years   🔗 Connect with Pierre: 🤝 LinkedIn: https://www.linkedin.com/in/eurospacepierrelionnet/   🔗 Follow us: 🏠Website : https://www.e2mc.space/ 🤝🏻LinkedIn : https://www.linkedin.com/company/space-business-podcast/ 🌐Socials: https://linktr.ee/spacebusinesspodcast     🔗 Follow Raphael: 🔷LinkedIn -  https://www.linkedin.com/in/raphaelroettgen 🌐Instagram - https://instagram.com/raphael_space/  ◇  Twitter/X - https://x.com/RaphaelE2MC   To Learn more about Space & the Space Economy: "To Infinity" – Raphael’s Revised Introduction to the Space EconomyThis book provides an insightful look into the space economy, its current trends, and future opportunities.📚 https://a.co/d/6jIQ2LO  edX/EPFL's Space Economy MOOCThis course offers a detailed understanding of the New Space Economy, covering key concepts and market developments.🎓 https://www.edx.org/course/new-space- Space Business Newsletter📬 https://spacebusiness.substack.com/