Last year was a big one for the space sector, marked by SpaceX’s building momentum, Boeing Co.’s Starliner struggles, and a slew of activity from a host of names. So what can we expect in 2025?

Eleventh-hour launch licenses that the Federal Aviation Administration just issued to Blue Origin and to SpaceX are setting the stage for space billionaires Jeff Bezos and Elon Musk to supercharge ...