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Better Space Stock: Rocket Lab vs. AST SpaceMobile

TheMotleyFool

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Better Space Stock: Rocket Lab vs. AST SpaceMobile: https://g.foolcdn.com/editorial/images/853789/satellites-orbiting-the-earth-getty.jpg

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

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