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3 Space Tourism Stocks That Could Skyrocket by 2025
ASTSAST SpaceMobile(ASTS) Investor Place·2024-07-27 10:45

Industry Overview - The space tourism sector is emerging as a promising investment opportunity, transitioning from government-funded exploration to private sector involvement [1] - The space industry is currently valued at 350billionandisprojectedtogrowto350 billion and is projected to grow to 1 trillion by 2040, indicating significant long-term potential despite short-term volatility [1] Virgin Galactic (SPCE) - Virgin Galactic aims to commercialize human spaceflight, having completed its 12th suborbital flight and developing a new Delta spacecraft line, with ticket prices at 450,000[3][4]Thecompanyreported450,000 [3][4] - The company reported 2 million in revenue for the previous quarter, a substantial increase from 0.4millionyearoveryear,althoughitremainsunprofitable[3][4]VirginGalacticsfirstmoveradvantageinthespacetourismindustrypositionsitasastrongcandidateforlongterminvestment[4]RocketLab(RKLB)RocketLabisakeyplayerintherocketindustry,recentlycompletingits50thlaunchoftheElectronrocketandplanningtoincreaselaunchfrequency[5][6]Thecompanyreporteda690.4 million year-over-year, although it remains unprofitable [3][4] - Virgin Galactic's first-mover advantage in the space tourism industry positions it as a strong candidate for long-term investment [4] Rocket Lab (RKLB) - Rocket Lab is a key player in the rocket industry, recently completing its 50th launch of the Electron rocket and planning to increase launch frequency [5][6] - The company reported a 69% year-over-year revenue increase to 92.8 million in Q1, with gross profits rising to 24.2millionandnetlossesnarrowingby324.2 million and net losses narrowing by 3% [5][6] - Rocket Lab is nearing profitability and anticipates revenue in the range of 105 to $110 million, making it an attractive long-term investment option [6] AST SpaceMobile (ASTS) - AST SpaceMobile is focused on disrupting telecommunications with a space-based satellite network that enables direct-to-cell calls, aiming to improve digital connectivity [7][8] - The company plans to launch five Bluebird satellites in August and aims to deploy six satellites per month by 2025, with partnerships with major telecom operators [8] - While AST's technology is still in the testing phase, it presents high growth potential for investors willing to take on associated risks [8]