This document discusses the evolution of data spaces from closed ecosystems to open ecosystems to federations of ecosystems. It defines key concepts of data spaces including their technological, business, and legal aspects. The document outlines an example data space in the mobility domain and describes the fundamentals of data spaces including roles, interactions, and activities. It analyzes how characteristics such as interoperability, sovereignty, and trust/security change as data spaces evolve from closed to open to federations. Finally, it poses questions about who will take on the federator role to coordinate ecosystems and what business models and regulatory implications this role may have.