The outer space has been discussed within the related natural science disciplines and, as can be expected, has fallen short of securing a place for itself in the social science literatures. Quite similar to the cyberspace in this regard, the outer space nevertheless has recently started to be discussed within the social sciences as well. This brief contribution discusses the role of the space as global commons in the context of the Outer Space Treaty signed in the year 1967. While it is true on one hand that the space has been treated as a global commons, open to the enjoyment of all international parties, its role as such might not continue as the race in the space gets more commercialized. The article also briefly touches upon several scenarios as to how the space might get compartmentalized or even ‘Balkanized’, in political science terms.