The 3 Best Space Stocks to Buy in July 2024
ASTSAST SpaceMobile(ASTS) Investor Place·2024-07-13 02:40

Morgan Stanley predicts that the value of the space sector will reach 1trillionannuallyby2040,upfromabout1 trillion annually by 2040, up from about 330 billion today, and certain space stocks could benefit greatly from that. Goldman Sachs has a similar outlook. Of course, satellites, satellite launchers, and defense systems are three of the most lucrative parts of the space economy. And the number of “objects” launched by America is rising meaningfully every year and jumped from 362 in 2019 to 2,166 in 2023.Meanwhile, NASA is quite active ...