Space stocks surge on growing commercialization, investments

Globalstar

31/12/2025 11:40

** Space stocks Rocket Lab RKLB.O, Planet Labs PL.N, AST SpaceMobile ASTS.O and Globalstar GSAT.O jump between ~97% and ~389% this year

** Rocket Lab was the world's second most frequent private rocket launch provider in 2025, trailing only Elon Musk's SpaceX

** Planet Labs tied up with Alphabet's Google GOOGL.O to develop AI data center satellites to operate in orbit

** AST SpaceMobile confirmed plans to launch 45 to 60 additional satellites by the end of 2026 to establish continuous commercial coverage for partners like AT&T T.N and Verizon VZ.N

** SpaceX is expected to go public in 2026, raising more than $25 billion, potentially making it one of the biggest public listings globally

** "Data centers in space could easily be $100 billion market in the next 3 years. Upside in rockets, satellites, but also connectivity" - Ivana Delevska, CIO at Spear Invest

** The Procure Space ETF UFO.O is set to close ~68% higher this year, vastly outperforming the S&P 500 index's .SPX ~17% increase

Space stocks vastly outperform broader markets in 2025 https://www.reuters.com/graphics/SPACE-STOCKS/lgpdqqxgevo/chart_eikon.jpg

 (Reporting by Akash Sriram in Bengaluru)

 ((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti;))