Are you looking to invest in the growing space sector? Many people are eagerly exploring opportunities as funding rises and costs go down in the private space industry.
In this article we’ll discuss 10 space stocks currently trending online!
1. Virgin Galactic Holdings, Inc. (NYSE: SPCE)
Virgin Galactic Holdings, Inc. (NYSE: SPCE) is headquartered in New Mexico. They are focused on using space for good while delivering an unparalleled customer experience. They hope to inspire future generations and make it possible to see our beautiful home planet from a new perspective.
The BBC recently reported that Virgin Galactic flights have been grounded over a spaceflight ‘mishap.’ Regardless, the stock is currently trading around $25.00 at time of publishing and remains favorable among analysts.
2. Rocket Lab USA, Inc. (NASDAQ: RKLB)
Rocket Lab USA, Inc. (NYSE: RKLB) was founded in New Zealand but now operates out of Long Beach, California. Their aim is to deliver end-to-end reliable launch services for spacecraft, satellite components, and more.
Business Wire (a Berkway Hashire publication) announced that Rocket Lab won a contract to launch an orbital debris removal demonstration mission for Astroscale, a market leader in long-term orbital sustainability and satellite servicing. The company is currently trading at $13.75 per share with a market cap of $6.29 billion.
3. Astra Space, Inc. (NASDAQ: ASTR)
Astra Space, Inc. (NASDAQ: ASTR), formerly known as Stealth Space Company is based out of Alameda, California. Their mission is to ‘improve life on earth from space’ by helping companies get their satellites into orbit.
The company has had a few setbacks recently, including a recent launch that failed to reach orbit. However many people are optimistic about the potential for the company to regain momentum. The company has traded between $22.47 and $8.12 over the last 52 weeks while currently sitting at $9.33 per share.
4. AST SpaceMobile, Inc. (NASDAQ: ASTS)
AST SpaceMobile, Inc. (NASDAQ: ASTS) wants to eliminate connectivity gaps by bringing broadband to half the world’s population. They’re headquartered in Midway, Texas.
AST SpaceMobile will participate in a SpaceX launch from Cape Canaveral, Florida in March 2022, sending their Bluwalker 3 prototype satellite into orbit. AST SpaceMobile, Inc. is currently on the market for $11.68 a share and remains a ‘buy’ according to analysts on Yahoo Finance.
5. Spire Global, Inc. (NYSE:SPIR)
Spire Global, Inc. (NYSE:SPIR) was founded in 2012 under the name NanoSatisfi by three International Space University graduates. Now headquartered in Vienna, Virginia —the company aims to collect and analyze data to ‘help make our world a safer, cleaner, more prosperous and more equitable place.’
The company secured funding by Defence and Security Accelerator (DASA), a government-backed program in the UK. The company has a market cap of just over 2 billion and is currently available for $13.85 per share.
We hope that you are now more familiar with the exciting world of space investing. Never hesitate to contact us if you have any questions or are interested in learning more about the opportunities presented by new frontiers in investing.