What Happened
Investors Eye AST SpaceMobile and Intuitive Machines Amid Growing Space Economy
With the anticipated SpaceX IPO on June 12, investors are turning their attention to the growing space economy, which could reach $2 trillion by 2040, according to PwC. Two space stocks that stand to benefit from this trend are AST SpaceMobile and Intuitive Machines. AST SpaceMobile aims to provide direct cell phone services from space, while Intuitive Machines has achieved the first US lunar landing since 1972 and has secured large government contracts. Both companies have ambitious plans and significant government backing, making them intriguing investments in the space sector, as reported by The Motley Fool.