Invest in Three Affordable Space-Related Shares Currently Under $500 for Immediate Purchase
Whoa, buckle up, space enthusiasts! Space is the new wild west, and investors are rushing to stake their claim. During Donny D's inaugural speech, he declared the U.S. would pursue its destiny among the stars, sending American astronauts to plant the Stars and Stripes on the red planet.
Investors are chomping at the bit for a piece of the action, and while Elon Musk's SpaceX and Jeff Bezos' Blue Origin might be the blondes that get the headlines, they aren't yet trading on the major exchanges. But fear not, intrepid venturers, for there are publicly-traded space companies ready to rocket your portfolio into overdrive!
Rocket Lab USA 🌐🛰️
Rocket Lab is the indie band of launch services, a go-to partner for businesses launching small satellites into orbit. Their flagship rocket, the Electron, has been racking up launches like a pro-gamer on a winning streak, becoming the second-most frequently used orbital rocket in the U.S.
Its compact design is like the minivan of rockets -- perfect for regular missions and budget-friendly with clients carrying small payloads. Since its test launch in 2017, Rocket Lab has launched 57 missions, with 15 in 2024.
But wait, there's more! Rocket Lab's space systems business is cooking up some serious dough. In the first three quarters of 2024, this segment contributed $220 million to the company's revenue, making up an astounding 72% of its gross profit.
So, what's stopping Rocket Lab from leveling up? Well, their current ride only carries small payloads, and while it's great for frequent flyers, it doesn't earn as much profit per launch as larger rockets.
But fear not, my friends! This year, Rocket Lab plans to debut its Neutron rocket, which is set to revolutionize their bottom line. Neutron will have a payload capacity 60 times greater than Electron and will fetch a hefty $50 million to $55 million per launch, unlocking revenue approximately six times greater than Electron's!
Intuitive Machines 🌕✨
Intuitive Machines had a 2024 for the history books. In February of last year, they launched their inaugural lunar mission, IM-1, using their Nova-C lunar lander, Odysseus. This marked two significant milestones for America: not only the first lunar landing by an American-made spacecraft since 1972, but also the first one accomplished by a commercial spacecraft.
Following their success, NASA rewarded Intuitive with several contracts, including a potential $4.82 billion over the next ten years! Their upcoming IM-2 mission, set to launch in Q12025, will utilize Nova-C to land on the Moon's South Pole. The mission will use a drill and mass spectrometer to analyze the volatile content in subsurface materials. This could be the holy grail of moon missions, providing the first assessment of hydrogen levels in permanently shadowed regions.
Investing in Intuitive carries some risk, as it's still a young company with potential setbacks that could slice its stock price like a razor blade. But with NASA's love and a growing backlog, Intuitive Machines is a thrilling growth stock in the ever-expanding space economy.
AST SpaceMobile ✈️📡
AST SpaceMobile wants to bridge the communication gap between galaxies by delivering reliable broadband to remote regions -- like a Star Wars satellite superhero. They've partnered up with telecommunications titans AT&T and Verizon to expand their space-based network and fill in those pesky connectivity holes that traditional infrastructure can't reach.
In 2024, they launched five new BlueBird satellites into low Earth orbit and plan to launch another 60 by 2026, expanding to a whopping 155 orbiting palaces of high-speed info by 2030.
But hold on a sec, my faithful space explorers! AST SpaceMobile will need to keep tapping into financial markets as they expand their satellite network over the next few years. But with significant upside as the industry explodes and a vision as bright as a supernova, AST SpaceMobile is worth keeping an eye on.
Analysts have even forecasted revenue reaching $50 million by next year, growing to $1.4 billion by 2027, and soaring to $5.1 billion by 2030! And wait for it...they expect the company to become cash-flow-positive by 2027!
And there you have it -- three celestial stocks that are primed to rocket your portfolio into the stratosphere of profit! So strap in, space cadets, it's time to take off! 🚀🚀🚀
Investors looking to diversify their finance portfolios beyond Earth might consider investing in Rocket Lab, as its space systems business brought in a substantial $220 million in revenue in the first three quarters of 2024, accounting for 72% of its gross profit.
Additionally, Intuitive Machines, with its successful lunar missions in 2024, secured a potential $4.82 billion contract from NASA over the next decade, demonstrating significant opportunities in the finance of space exploration.
