Better Space Stock: Rocket Lab vs. AST SpaceMobile
As launch costs decline and technology advances, the space economy appears to be in the early stages of a strong growth cycle. According to McKinsey estimates, the global space economy is projected to reach $1.8 trillion by 2035.
Two popular space stocks right now are Rocket Lab (NASDAQ: RKLB) and AST SpaceMobile (NASDAQ: ASTS). These two companies are making headway in the space economy: Rocket Lab, with its launch services and space systems businesses, and AST SpaceMobile, which is building a large constellation of satellites to provide connectivity to users worldwide.
If you're considering an investment in either of these stocks, here's what to know.
Source Fool.com
