Busy July keeps US commercial space launches on a rapid pace

July has been a busy month for U.S. commercial space launches, and with several missions still on the schedule, there is little sign of slowing down the seemingly constant missions to space as August approaches.

Missions to the great beyond have deployed broadband satellites, launched scientific payloads and carried out vital resupply missions to the world's home base in orbit: the International Space Station.

So far, SpaceX has accounted for the overwhelming majority of launches, with additional missions from other U.S. commercial launch providers helping push the monthly total higher.

Let's take a look at how prediction market traders are sizing up the outlook.

While several companies contribute to the monthly launch count, the market largely hinges on SpaceX.

SpaceX has led the way this month, accounting for roughly 80% of July's commercial launches.

Through July 23, the company had completed 13 of the month's 16 qualifying launches, with Rocket Lab and United Launch Alliance responsible for the remaining missions.