This character is a Other Symbol and is commonly used, that is, in no specific script.
The glyph is not a composition. It has no designated width in East Asian texts. In bidirectional text it acts as Other Neutral. When changing direction it is not mirrored. The word that U+2BF2 forms with similar adjacent characters prevents a line break inside it.
The Wikipedia has the following information about this codepoint:
Astronomical symbols are abstract pictorial symbols used to represent astronomical objects, theoretical constructs and observational events in European astronomy. The earliest forms of these symbols appear in Greek papyrus texts of late antiquity. The Byzantine codices in which many Greek papyrus texts were preserved continued and extended the inventory of astronomical symbols. New symbols have been invented to represent many planets and minor planets discovered in the 18th to the 21st centuries.
These symbols were once commonly used by professional astronomers, amateur astronomers, alchemists, and astrologers. While they are still commonly used in almanacs and astrological publications, their occurrence in published research and texts on astronomy is relatively infrequent, with some exceptions such as the Sun and Earth symbols appearing in astronomical constants, and certain zodiacal signs used to represent the solstices and equinoxes.
Unicode has encoded many of these symbols, mainly in the Miscellaneous Symbols, Miscellaneous Symbols and Arrows, Miscellaneous Symbols and Pictographs,
and Alchemical Symbols blocks.