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3 Forgotten Space Economy Stocks That Could Deliver Colossal Gains Over the Next 10 Years

The space economy is a popular investing topic right now, as Space Exploration Technologies completed its record-setting initial public offering. SpaceX stock remains a hot commodity, with the company sporting a market capitalization of more than $2 trillion. But while SpaceX is soaking up a lot of attention, several other companies are also playing important roles in building out the space economy. And while they're flying somewhat under the radar right now, I think AST SpaceMobile (NASDAQ: ASTS), Intuitive Machines (NASDAQ: LUNR), and Redwire (NYSE: RDW) have compelling cases to deliver big returns over the next decade. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue " 1. AST SpaceMobile The only profitable division for SpaceX right now is Starlink, the company's space-based internet and mobile connectivity network. But AST SpaceMobile is a primary competitor in the direct-to-cell satellite business. The two companies have different approaches. SpaceX currently has a constellation of 9,600 satellites in low-Earth orbit and about 10.2 million customers worldwide. AST SpaceMobile, meanwhile, aims to have a network of 45 larger BlueBird satellites in orbit this year to support its agreements with nearly 60 mobile network operators worldwide. AST announced that BlueBirds 11, 12, and 13, each measuring about 2,400 square feet, are scheduled to launch in August. "With each successful launch, we move closer to our goal of making space-based cellular broadband accessible wherever people live, work, and travel," AST SpaceMobile president Scott Wisniewski said. AST reported first-quarter revenue of $14.7 million, up from $718,000 a year ago, with a net loss of $191.01 million, or $0.66 per share. But it's growing quickly -- management projects full-year revenue of $150 million to $200 million. The company ended the quarter with $3.5 billion in cash and cash equivalents. 2. Intuitive Machines Intuitive Machines is a major NASA contractor and the first commercial company to soft-land a spacecraft on the Moon. The company successfully achieved a soft landing on the lunar surface in 2024 during its IM-1 mission, which carried the Odysseus lander. The company builds satellites and landers and is involved in NASA's Power and Propulsion Element (PPE), which is being repurposed to support NASA's planned 2028 Mars mission.