Business of Space

Trump-Wary Europe’s Defense Spending Boosts Space Startups

Supporters hold European flags outside Nicusor Dan’s campaign headquarters on May 18.
Photographer: Alexandra Corcode/Bloomberg

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By Bruce Einhorn and Konrad Krasuski

May 21, 2025 at 2:02 PM UTC

This article is for subscribers only.

Greetings from Princeton, New Jersey. European countries are considering big defense spending increases due to worries about the reliability of the US under President Donald Trump and his adviser Elon Musk. This self-sufficiency drive is opening doors for the continent's space startups. But first ...

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