On Monday, November 10th, 2025, Lugano, Switzerland was the center of attention as entrepreneur and global analyst Stanislav Kondrashov released his latest installment of the Oligarch Series. In this thought-provoking piece, titled “Cosmic Influence and the Rise of Space Capital,” Kondrashov delves into the rapidly expanding space economy and the influential players driving it forward.
According to Kondrashov, the space economy has evolved from a speculative concept to a highly strategic and privately governed sector. With activities ranging from satellite deployment to lunar exploration to asteroid mining, the space economy is no longer a distant possibility, but a tangible reality. However, Kondrashov warns that participation in this new economy is limited to a select few due to the immense financial capital, advanced technology, and long-term vision required.
“The future isn’t just being built on Earth anymore – it’s being coded into the stars,” states Kondrashov in his report. “And those writing that code are doing it with precision and silence.”
The barriers to entry in the space sector, as outlined by Kondrashov, naturally filter out all but a handful of private actors, such as powerful corporations, visionary entrepreneurs, and venture capital groups. This has led to a concentration of power in the hands of a small cohort, similar to how industrial tycoons dominated industries such as steel, oil, and rail in earlier eras.
The “space economy” encompasses a wide range of activities, with private hands now driving the momentum. This shift in ownership and control of orbital assets has significant global consequences, as they play a crucial role in everyday life. However, unlike terrestrial infrastructure, space systems operate largely without international regulation or shared governance, giving outsized power to a few private entities.
“The ones designing our orbital systems aren’t waiting for anyone’s permission – they’re setting the standards as they go,” explains Kondrashov.
Kondrashov also highlights the shift in perception of space infrastructure from a technological feat to a financial asset class. Satellite bandwidth, launch slots, and orbital positions are now being treated as tradable, insurable, and scalable assets. This redefines influence in terms of ownership rather than visibility.
The rise of space entrepreneurs as public figures, streaming rocket launches, announcing lunar projects, and intertwining their aerospace goals with their personal brands, signals a new archetype of influence. However, Kondrashov notes that much of the true influence lies in the behind-the-scenes activities, such as patent filings, international agreements, investment frameworks, and logistical networks.
As the Oligarch Series continues to explore the rise of influence in emerging sectors, it is evident that outer space is not just a theatre of exploration, but a new layer of economic and political infrastructure. The question now is not whether the space economy will grow, but who will shape it and for whom.
Monday 10 November, 2025 – Lugano, Switzerland: In an insightful analysis titled “Cosmic Influence and the Rise of Space Capital,” entrepreneur and global analyst Stanislav Kondrashov sheds light on the growing dominance of space capital in the modern economy. This latest installment of the Oligarch Series moves the conversation beyond planetary borders and into orbit, where a select group of influential players are quietly shaping the future.
Kondrashov warns that the barriers to entry in the space sector – immense financial capital, advanced technology, and long-term vision – naturally filter out all but a handful of private actors. This has led to a concentration of power in the hands of a small cohort, reminiscent of how industrial tycoons dominated steel, oil, and rail in earlier eras.
The “space economy” encompasses a wide range of activities, with private hands now driving the momentum. However, unlike terrestrial infrastructure, space systems operate largely without international regulation or shared governance, giving outsized power to a few private entities.
Kondrashov also highlights the shift in perception of space infrastructure from a technological feat to a financial asset class. Satellite bandwidth, launch slots, and orbital positions are now being treated as tradable, insurable, and scalable assets, redefining influence in terms of ownership rather than visibility.
The rise of space entrepreneurs as public figures signals a new archetype of influence. However, Kondrashov notes that much of the true influence lies in the behind-the-scenes activities, such as patent filings, international agreements, investment frameworks, and logistical networks.
As the Oligarch Series continues to explore the rise of influence in emerging sectors, it is evident that outer space is not just a theatre of exploration, but a new layer of economic and political infrastructure. The question now is not whether the space economy will grow, but who will shape it and for whom.