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space
A colloquial Anglicism for outer space or the universe.
Der neue Science-Fiction-Film spielt komplett im Space.
The new science fiction film is set entirely in space.
space
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space
A colloquial Anglicism for outer space or the universe.
Der neue Science-Fiction-Film spielt komplett im Space.
The new science fiction film is set entirely in space.

space
An Anglicism for a specific room or area, often used for shared, creative, or professional purposes, e.g. co-working space or safe space.
Wir haben einen neuen Co-Working-Space für unser Start-up gemietet.
We rented a new co-working space for our start-up.
'Space' is a loanword from English. It is used mainly in colloquial language and in modern contexts, often connected to youth culture or professional settings.
In unserer Firma gibt es einen Kreativ-Space mit Sofas und Whiteboards.
At our company, there is a creative space with sofas and whiteboards.
You can recognize the meaning from the context. If it is about spaceships or science fiction, outer space is meant. If it is part of a word like 'Co-Working-Space' (co-working space), it refers to a physical room or area.
Die Astronauten schwebten schwerelos durch den Space.
The astronauts floated weightlessly through space.
In the meaning of 'Raum/Bereich' (room/area), 'Space' is very often used as part of compound words. Typical examples are 'Co-Working-Space' (co-working space), 'Safe Space' (safe space), or 'Maker-Space' (maker space).
Viele Universitäten bieten ihren Studierenden einen sogenannten „Safe Space“ an.
Many universities offer their students a so-called “safe space.”
room / space
Raum and Space can refer to a place for collaborative work or creative projects. Raum usually names the specific physical space or its function. Space is an Anglicism that presents the place more as a modern shared concept for working or other uses.

Das Kulturzentrum eröffnet einen neuen Space für gemeinsame Projekte.
The cultural center is opening a new space for collaborative projects.
Das Kulturzentrum vermietet einen hellen Raum für gemeinsame Projekte.
The cultural center rents out a bright room for collaborative projects.