Space Stock Face-Off: Is AST SpaceMobile or Planet Labs Worth Your Money Right Now?

McKinsey projects the space industry could reach $1.8 trillion by 2035. AST SpaceMobile is building a satellite-based cellular broadband network and has partnerships with mobile operators, positioning it to capture service and equipment revenue from that TAM. The outlook and operator tie-ups are a constructive signal for AST SpaceMobile and satellite-telecom suppliers; expect potential single-digit stock moves on further commercial milestones or contract announcements.

Analysis

McKinsey projects the space industry could reach $1.8 trillion by 2035. AST SpaceMobile is building a satellite-based cellular broadband network and has partnerships with mobile operators, positioning it to capture service and equipment revenue from that TAM. The outlook and operator tie-ups are a constructive signal for AST SpaceMobile and satellite-telecom suppliers; expect potential single-digit stock moves on further commercial milestones or contract announcements.