Investment in space stocks is increasing as companies capitalize on advancements in AI and computing. The space economy is projected to grow to $944 billion by 2033, encompassing areas like satellite communications and space-based manufacturing.
Key players include AST SpaceMobile (NASDAQ: ASTS), which aims to bridge cellular dead zones for 5 billion people, with a revenue projection of $50-$75 million for the latter half of 2025; Rocket Lab (NASDAQ: RKLB), with Q1 2025 revenue of $122.6 million and a $1.07 billion backlog; and Intuitive Machines (NASDAQ: LUNR), which generated $13.3 million in free cash flow and projects $250-$300 million in revenue in 2025. Other notable companies include BlackSky (NYSE: BKSY), Redwire (NYSE: RDW), Lockheed Martin (NYSE: LMT), and Voyager Technologies (NYSE: VOYG), which went public in June 2025 with significant NASA funding.
