Human beings are back on the Moon.

In March 2026, NASA's Artemis III mission landed astronauts Christina Koch and Reid Wiseman near the lunar South Pole — the first humans to set foot on the lunar surface since Eugene Cernan left in December 1972. The 53-year gap between Apollo 17 and Artemis III is the longest pause in human exploration of another world in the history of spaceflight.

Whether that pause is now over, or whether Artemis represents another isolated peak before another long gap, will depend on decisions made in the next few years. But in 2026, the mood in the space community is one of genuine excitement about a level of activity — human, robotic and commercial — not seen in generations.

Artemis: What Happened and What Comes Next

The Artemis programme has been longer in development than its architects hoped. Artemis I, the uncrewed test flight around the Moon, launched in late 2022. Artemis II, carrying four astronauts on a lunar fly-by, occurred in late 2024. The crewed landing of Artemis III in early 2026 — using SpaceX's Human Landing System derived from Starship — was delayed multiple times but eventually delivered.

The Artemis III landing site in the Shackleton crater rim region near the lunar South Pole is scientifically significant: it is close to areas of near-permanent sunlight (enabling solar power) and near permanently shadowed regions believed to contain water ice. That ice is important not just scientifically but practically — water can be split into hydrogen and oxygen, providing both drinking water and rocket propellant.

Artemis IV, targeting 2027, will include the first element of the Lunar Gateway — a small space station in lunar orbit that will serve as a staging point for subsequent surface missions.

SpaceX Starship: The Game-Changer

SpaceX's Starship, arguably the most ambitious and technically significant rocket ever built, became fully operational for commercial payloads in 2025 after a series of development flights that progressed from spectacular explosions to routine landings.

Starship's scale is unlike anything previously flown. The combined Stack II and Ship configuration stands nearly 123 metres tall and can theoretically deliver 150 tonnes to low Earth orbit — roughly ten times the payload capacity of the original Falcon Heavy. The potential for cost-per-kilogram to orbit to fall dramatically if Starship achieves its reusability targets is the most significant development in the economics of spaceflight since SpaceX began landing its Falcon 9 boosters.

The implications extend well beyond NASA. Starship is the delivery mechanism for Starlink V2 satellites, for lunar landings, and for SpaceX's own ambitions for Mars. Multiple commercial payload customers have now flown on Starship.

China's Lunar Programme: Moving Faster Than Expected

Western intelligence assessments and open-source analysis have repeatedly underestimated the pace of China's space programme. The Chang'e series of robotic lunar missions has built substantial scientific and engineering experience; China now has samples from the far side of the Moon in its possession, a feat achieved by no other country.

The Chinese National Space Administration's crewed lunar landing programme — targeting a touchdown before 2030 — is tracking ahead of the schedule many Western analysts initially assumed. China's Long March 10 heavy-lift rocket, specifically designed for crewed lunar missions, has made steady development progress.

The geopolitical dimension is significant: the Moon is becoming an arena of strategic competition, not just scientific exploration. Both NASA and China are targeting the lunar South Pole, and questions about resource rights, operations zones and coordination in the absence of a modern international space law framework are becoming more pressing.

Commercial Space Stations

The International Space Station, operational since 2000, is scheduled for decommissioning around 2030. NASA has recognised that sustaining ISS beyond that date is not economically or structurally viable.

To fill the gap, the agency has funded commercial low Earth orbit (LEO) destination development. Axiom Space, Voyager Space (Starlab) and others are at various stages of developing commercial stations. These will need to be operational and funded by the time ISS is deorbited.

The transition from a government-owned-and-operated station to a commercially run one represents a significant model change for human spaceflight — with both the opportunities and risks that implies.

Space-Based Solar Power

Perhaps the most consequential long-term development in the space economy is the accelerating investment in space-based solar power (SBSP). The concept — collecting solar energy in orbit and transmitting it to Earth as microwaves — has been studied since the 1970s but has never been economically viable.

The dramatic fall in launch costs made possible by reusable rocketry is changing that calculation. The European Space Agency has a demonstrator mission in development. The UK Space Agency has funded Frazer-Nash Consultancy and others to develop UK SBSP concepts. Japan has had an active SBSP programme for years.

Whether SBSP becomes a material part of the global energy mix by mid-century depends on launch cost trajectories, in-space manufacturing capability, and regulatory resolution of the spectrum and power transmission questions. It is no longer a fringe idea.

Why 2026 Feels Different

The distinguishing feature of the current space moment is not any single mission — it is the convergence of multiple programmes, commercial and governmental, national and international, crewed and robotic, that are proceeding simultaneously.

In the 1960s and early 1970s, Apollo consumed a disproportionate share of national attention and national treasure, achieved something extraordinary, and then largely ended. The institutional memory and public excitement dissipated. What's different now is breadth: the space economy in 2026 is not a single programme dependent on a single political commitment. It is an ecosystem with multiple actors, multiple incentives and multiple trajectories.

That makes a return to a 53-year pause far less likely. It also makes the next decade of space development genuinely unpredictable in the most exciting possible sense.