Can a falling object reach terminal velocity in outer space?

There is no gravity in outer space so how will any object fall in the first place

Also the principle of terminal velocity is limited to free fall where the acceleration is equal to the gravity of the planet

Answer: lth air resistance acting on an object that has been dropped, the object will eventually reach a terminal velocity, which is around 53 m/s (195 km/h or 122 mph) for a human skydiver (on the moon, the gravitational acceleration is much less on earth, approximately 1.6 m/s2.)