Key Points
- The space industry could be valued at approximately $1.8 trillion by 2035.
- MDA Space and Space Exploration Technologies (SpaceX) present two investment opportunities in this sector.
- SpaceX has potential for significant revenue from artificial intelligence initiatives.
Over the past few months, interest in space stocks has waned, especially since the June 12 IPO of Space Exploration Technologies (NASDAQ: SPCX). However, long-term opportunities in the space sector remain promising.
The World Economic Forum predicts the global space industry could hit $1.8 trillion by 2035. Notable investment options include MDA Space (NYSE: MDA) and SpaceX.
1. MDA Space
MDA, based in Canada, boasts a lengthy history of innovation dating back to 1969, including the creation of a robotic arm for NASA’s Space Shuttle and the launch of the first commercially focused radar satellite in 1995. Today, it manufactures satellites and provides advanced robotic solutions for space repair and maintenance.
As of June 30, 2026, MDA has recorded an adjusted net income of CA$102.5 million—up from CA$84.4 million the previous year. The stock has performed well, increasing 48.6% so far in 2026, outperforming the S&P 500.
2. Space Exploration Technologies (SpaceX)
Since its IPO, SpaceX’s stock has seen notable volatility—ranging from a high of $225.64 to a low of $104.83. Despite this, for those willing to navigate the ups and downs, the potential rewards are substantial.
SpaceX’s commitment to artificial intelligence and its data center operations set it apart. They estimate a total addressable market of $28.5 trillion, with $26.5 trillion linked to AI. Notably, deals with Anthropic and Alphabet could generate $26 billion annually—40% more than SpaceX’s entire 2025 sales forecast.
Furthermore, SpaceX has ambitions to create orbital data centers, with plans to potentially launch up to 1 million satellites by 2028.
While building out this AI infrastructure will be expensive, analysts remain optimistic. A majority rate the stock as a buy, with a median price target of $217, suggesting a potential 51% increase from its closing price of $143.69.
Considerations for Investing in SpaceX
Before investing in SpaceX, it’s worth noting that the Motley Fool Stock Advisor team has identified 10 stocks they recommend, excluding SpaceX from their list. Historical examples show significant returns for past recommendations, indicating the value of thorough research and due diligence in stock selection.
For long-term investors, potential price targets for SpaceX reach as high as $900, although these are not guaranteed. Those interested may want to buy during price dips and hold for the long term.
Additional Note
Jack Delaney has no positions in the mentioned stocks, while the Motley Fool holds positions in and recommends Alphabet and MDA Space.
