In this article, we will discuss 9 Best Space Stocks to Buy According to Reddit and Social Media.
The final frontier is no longer the exclusive domain of governments and science fiction as it is rapidly becoming one of the most compelling investment themes discussed across Reddit threads, X feeds, and financial forums worldwide. That’s the extraordinary premise behind space stocks, a sector that has captured the collective imagination of retail investors and institutional analysts alike, uniting them around a shared conviction: that humanity’s expansion beyond Earth is not a distant dream, but an accelerating commercial reality unfolding in real time.
At its core, the investment case is being driven by democratization. What was once a domain reserved for NASA budgets and Cold War rivalries has been fundamentally disrupted by private capital, entrepreneurial ambition, and technological breakthroughs that have slashed the cost of reaching orbit by over 90% in a single decade. Launch costs that once ran into the hundreds of millions of dollars per mission have collapsed, opening the floodgates for satellite broadband, space tourism, lunar logistics, and defense applications that are generating real, measurable revenue today. Social media communities have been among the first to recognize this shift, with retail investors on Reddit’s most active finance forums consistently flagging space stocks as among the highest conviction asymmetric opportunities in the market.
At the same time, the macro backdrop is reinforcing enthusiasm. Morgan Stanley projects the global space economy could exceed $1 trillion by 2040, while government commitments from the United States, Europe, and Asia are injecting billions into next-generation space infrastructure annually. The re-ignition of the lunar race, the proliferation of low-earth orbit satellite constellations, and the emergence of in-space manufacturing as a legitimate commercial category are all converging to create a sector with a genuinely multi-decade growth runway.
The bottom line? Space stocks sit at the intersection of technological ambition, geopolitical priority, and explosive commercial potential, and social media has been ahead of Wall Street in recognizing it.
With this context in mind, here are some of the best space stocks to buy according to Reddit and social media.
Our Methodology
We sifted through social media platforms, including Reddit, X, Threads, and Facebook, to find space stocks that were popular for users to buy. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
9 Best Space Stocks to Buy According to Reddit and Social Media
9. York Space Systems, Inc. (NYSE:YSS)
Number of Hedge Fund Holders: NA
On May 19, York Space Systems, Inc. (NYSE:YSS) announced that it had entered into a definitive agreement to acquire Solestial. CEO Dirk Wallinger stated that York has consistently prioritized investment in U.S.-based manufacturing as a core component of its operational strategy and customer delivery model. According to management, the acquisition strengthens York’s domestic supply chain capabilities, supports the U.S. industrial base, and reduces dependence on foreign sources for critical materials and manufacturing processes.
On May 18, York Space Systems, Inc. entered into a definitive agreement to acquire ALL.SPACE, a Rochefort-financed provider of advanced satellite communications terminals and multi-network connectivity solutions. Rochefort Asset Management, a U.S. national security-focused private credit firm licensed under the Department of War’s Office of Strategic Capital and the Small Business Administration, provided senior secured debt financing to ALL.SPACE to support manufacturing expansion and accelerate delivery timelines for advanced multi-orbit terminal systems. ALL.SPACE’s software-defined Hydra Terminal Range enables simultaneous multi-link, multi-orbit, and multi-band connectivity through a single platform, supporting next-generation command and control systems. York noted that this marks its second strategic acquisition since becoming publicly listed on the NYSE, with the transaction expected to close in Q3, after which ALL.SPACE will operate as a wholly owned subsidiary.
York Space Systems, Inc., founded in 2012 and headquartered in Greenwood Village, Colorado, is a publicly traded aerospace and defense company specializing in the design, manufacturing, and operation of mission-critical small satellites and spacecraft platforms. The company serves national security, government, and commercial customers, positioning itself as an emerging prime contractor within the growing space infrastructure and defense technology sectors.
8. BlackSky Technology Inc. (NYSE:BKSY)
Number of Hedge Fund Holders: 13
On May 12, BlackSky Technology Inc. (NYSE:BKSY) was awarded a seven-figure subscription contract from a new government customer for advanced Gen-2 mission applications. The initial one-year contract expands customer access to Gen-2 constellation capacity and enhances mission capabilities. CEO Brian O’Toole stated that BlackSky’s Gen-2 constellation continues to provide significant operational value through high-cadence, rapid-revisit high-resolution imagery combined with AI-enabled analytics. He added that the agreement creates additional opportunities to extend Gen-2 utilization while supporting mission-critical innovation needs. O’Toole also emphasized that as BlackSky integrates additional Gen-3 satellites into its dual-constellation framework, the Gen-2 network remains foundational to the company’s real-time intelligence and Earth monitoring capabilities.
On May 8, Lake Street Capital Markets raised the firm’s price target on BlackSky Technology Inc. to $36 from $26 while maintaining a Buy rating. Although quarterly results came below expectations, the firm attributed the weakness primarily to timing and order variability, highlighting instead the significance of BlackSky securing up to $160 million in new contract wins and strong momentum surrounding its Gen-3 services. On the same day, Oppenheimer & Co. raised its price target on BlackSky to $50 from $31 and reiterated an Outperform rating. The firm noted that Q1 revenue of $21 million missed expectations due to satellite launch timing but emphasized that intelligence revenue is projected to double over the next three quarters and continue expanding into next year, supported by recurring revenue streams with no churn. Oppenheimer also highlighted accelerating bookings and a strengthening pipeline.
BlackSky Technology Inc., founded in 2014 and headquartered in Herndon, Virginia, is a publicly traded space technology company that provides on-demand satellite imagery and AI-enabled geospatial intelligence solutions. The company operates a constellation of low Earth orbit satellites designed to deliver high-frequency, real-time monitoring of critical global assets and activities for government, defense, and commercial customers worldwide.
7. Satellogic Inc. (NASDAQ:SATL)
Number of Hedge Fund Holders: 15
On May 13, Cantor Fitzgerald raised the firm’s price target on Satellogic Inc. (NASDAQ:SATL) to $10 from $7 while maintaining an Overweight rating on the shares. On the same day, Northland Securities also raised its price target on Satellogic Inc. to $9 from $7.50 while reiterating an Outperform rating. The analysts cited improving confidence in the company’s growth trajectory, expanding valuation multiples, and stronger financial expectations following recent operational performance. Satellogic recently reported 80% revenue growth, while Northland expects approximately 104% growth in Q2, expressing increased confidence that the company can more than double its revenue over time.
On April 30, Satellogic Inc. announced a $12 million agreement with a sovereign defense customer to deliver a commissioned, in-orbit NewSat satellite from its Aleph-1 operational constellation. The agreement includes the full sale and transfer of ownership and operational control of the satellite, alongside comprehensive support services to help the customer develop independent satellite command and data processing capabilities for both military and civilian applications. The transfer process is expected to begin immediately and conclude in early 2027, subject to contractual and regulatory milestones. Upon completion, the satellite will be removed from Satellogic’s active fleet and integrated into the customer’s sovereign regulatory framework.
Satellogic Inc., founded in 2010 and headquartered in Davidson, North Carolina, is a publicly traded space and geospatial analytics company that designs, manufactures, and operates its own Earth-observation satellite constellation. The company provides high-frequency, high-resolution satellite imagery and analytics solutions serving industries including agriculture, climate monitoring, infrastructure, and national security.
6. Intuitive Machines, Inc. (NASDAQ:LUNR)
Number of Hedge Fund Holders: 28
On May 19, Cantor Fitzgerald raised the firm’s price target on Intuitive Machines, Inc. (NASDAQ:LUNR) to $43 from $26 while maintaining an Overweight rating on the shares. The firm stated that it remains optimistic following the company’s reaffirmation of FY26 revenue guidance and expectations for positive adjusted EBITDA in fiscal 2026. Cantor also identified the pending Lunar Terrain Vehicle contract decision as a significant near-term catalyst, with Intuitive Machines viewed as a likely beneficiary of the award.
On May 18, Intuitive Machines, Inc. announced that it had become the prime contractor for operations of the Lunar Reconnaissance Orbiter Camera (LROC), a major imaging instrument aboard NASA’s Lunar Reconnaissance Orbiter, as well as the ShadowCam instrument onboard the Korea Pathfinder Lunar Orbiter. Under the $15.5 million cost-plus-fixed-fee three-year contract for LROC and the $4.5 million three-year contract for ShadowCam, Intuitive Machines will oversee imaging operations, mission support, data storage, and analysis. The company will also manage lunar surface mapping activities and advanced imaging of permanently shadowed lunar regions. Since the Lunar Reconnaissance Orbiter’s launch in 2009, LROC has captured more than 2.6 million Narrow Angle Camera images and over 640,000 Wide Angle Camera high-resolution images of the Moon’s surface.
Intuitive Machines, Inc., founded in 2013 and headquartered in Houston, Texas, is an American space exploration and infrastructure company focused on commercial and government lunar missions. The company specializes in robotic payload delivery to the Moon, autonomous lunar surface systems, and space communications infrastructure, positioning itself as a key participant in the rapidly expanding lunar economy and broader space exploration industry.
5. Redwire Corporation (NYSE:RDW)
Number of Hedge Fund Holders: 28
On May 19, Redwire Corporation (NYSE:RDW) announced that it had secured a multi-year contract valued in the high eight-figure range through a competitive tender process with an undisclosed NATO allied nation. The agreement covers the delivery of the company’s Penguin Mk3 uncrewed aerial system as part of a long-term modernization initiative focused on enhancing the country’s tactical drone capabilities. Steve Adlich, President of Redwire Defense Tech, stated that the program highlights Redwire’s longstanding expertise in supporting NATO allies through advanced tactical UAS modernization solutions.
On May 11, Canaccord raised the firm’s price target on Redwire Corporation to $14 from $12 while maintaining a Buy rating on the shares. Although quarterly revenue came in below estimates, the company delivered a bottom-line beat and reaffirmed its FY26 revenue guidance, targeting annual revenue between $450 million and $500 million. The firm highlighted management’s confidence in the company’s operational outlook and continued growth trajectory within the broader aerospace and defense markets.
Redwire Corporation, founded in 2020 and headquartered in Jacksonville, Florida, is a publicly traded aerospace and space infrastructure company focused on designing and manufacturing mission-critical technologies for government and commercial customers. The company specializes in areas including solar power generation, advanced spacecraft sensors, in-space manufacturing, and aerospace systems, positioning itself as an important participant in the expanding space economy and defense technology landscape.
4. AST SpaceMobile, Inc. (NASDAQ:ASTS)
Number of Hedge Fund Holders: 33
On May 14, Roth Capital stated that the joint venture between AT&T Inc., T-Mobile US, Inc., and Verizon Communications Inc. to address direct-to-device wireless coverage gaps represents a positive development for AST SpaceMobile, Inc. (NASDAQ:ASTS). AST SpaceMobile has publicly supported the initiative and already maintains strategic partnerships and investments with AT&T and Verizon. The analyst noted that the venture could potentially create an opportunity for AST to deepen engagement with T-Mobile as well, describing the move as a significant competitive response within the satellite-to-device connectivity market. Shares of AST rose 3%, or $2.17, to $76.98 in morning trading following the commentary.
On May 12, Roth Capital raised the firm’s price target on AST SpaceMobile, Inc. to $108 from $82.50 while maintaining a Buy rating on the shares. Although the company’s Q1 results fell short of consensus expectations due to timing related to ground station shipments and government revenue recognition, the analyst emphasized that launch execution and long-term deployment schedules remain far more important than short-term quarterly fluctuations. Roth also highlighted that AST SpaceMobile remains fully funded, with plans for more than 100 satellites supported by approximately $3.5 billion in cash on the balance sheet.
AST SpaceMobile, Inc., founded in 2017 and headquartered in Midland, Texas, is a space and telecommunications company developing the world’s first space-based cellular broadband network designed to connect directly with standard, unmodified smartphones. The company’s satellite infrastructure aims to eliminate cellular dead zones by delivering seamless global mobile connectivity, positioning AST SpaceMobile at the intersection of next-generation telecommunications and space-based communications technology.
3. Rocket Lab Corporation (NASDAQ:RKLB)
Number of Hedge Fund Holders: 45
On May 8, TD Cowen raised the firm’s price target on Rocket Lab Corporation (NASDAQ:RKLB) to $120 from $90 while maintaining a Buy rating on the shares. On the same day, Rocket Lab surged 25.5%, or $20.03, to $98.61 following strong investor reaction to the company’s results and outlook.
Earlier that day, Craig-Hallum Capital Group upgraded Rocket Lab Corporation to Buy from Hold with a $98 price target after the company delivered a significant earnings beat and issued Q2 guidance well ahead of consensus expectations. The firm highlighted accelerating demand in the hypersonic market, underscored by Rocket Lab’s $190 million Department of Defense award for 20 HASTE missions booked during the quarter. Craig-Hallum also noted continued growth in medium-lift launch demand and strong execution within the company’s Space Systems segment, viewing the long-term growth opportunity as highly attractive.
Rocket Lab Corporation, founded in 2006 and headquartered in Long Beach, California, is a publicly traded aerospace and space technology company focused on the design, manufacturing, and launch of satellites, spacecraft components, and orbital rockets.
2. Planet Labs PBC (NYSE:PL)
Number of Hedge Fund Holders: 50
On May 14, Wedbush Securities analyst Daniel Ives raised the firm’s price target on Planet Labs PBC (NYSE:PL) to $50 from $40 while maintaining an Outperform rating ahead of quarterly results. The firm stated that Planet Labs is continuing to demonstrate accelerating execution within its Defense & Intelligence business, alongside expansion of its next-generation satellite infrastructure and a rapidly developing AI-driven commercial ecosystem. Wedbush added that Planet Labs remains uniquely positioned at the convergence of the space and artificial intelligence industries due to its large-scale commercial satellite fleet, deeply integrated government relationships, expanding European opportunities, and differentiated capabilities for real-world AI model training.
On May 13, Planet Labs Germany announced that the company’s subsidiary, Sinergise Solutions d.o.o., signed a two-year, seven-figure contract to provide satellite imagery and AI-powered analytics to the State Agricultural Intervention Fund of the Czech Republic. The agreement will support the country’s nationwide agricultural payments and monitoring system. By combining Planet’s high-frequency satellite imagery with AI analytics through a partnership with Asseco Group, the system will help streamline claim validation processes for approximately 25,000 agricultural holdings across the Czech Republic. The automated monitoring platform enables near-continuous observation of agricultural land, improving the accuracy and transparency of crop identification, harvest timing verification, and resource management. Officials from the Czech agricultural authority highlighted that the integration of Planet’s satellite data represents a significant step in the country’s digital transformation efforts and enhances the efficiency and reliability of agricultural oversight.
Planet Labs PBC, founded in 2010 and headquartered in San Francisco, California, is a publicly traded space industry company focused on designing, building, and operating constellations of Earth-imaging satellites. The company delivers high-frequency geospatial data, analytics, and daily satellite imagery that enable governments and enterprises to monitor global activity, manage resources, and make data-driven operational decisions.
1. EchoStar Corporation (NASDAQ:SATS)
Number of Hedge Fund Holders: 90
On May 18, TD Cowen analyst Gregory Williams raised the firm’s price target on EchoStar Corporation (NASDAQ:SATS) to $155 from $129 while maintaining a Buy rating on the shares. The firm updated its financial model following the company’s Q1 results and revised estimates, noting that EBITDA performance came in below expectations but was less severe after adjusting for approximately $125 million in RSA settlement payments.
On May 12, the Federal Communications Commission announced that it had approved the assignment of approximately 65 megahertz of mid-band spectrum to Space Exploration Technologies Corp. for use in its next-generation direct-to-device communications network. The approval grants applications filed by SpaceX, Spectrum Business Trust 2025-1, and EchoStar Corporation and its wholly owned subsidiaries to transfer EchoStar’s AWS-4, AWS-H Block, unpaired AWS-3 spectrum licenses, and several earth station licenses through a two-step transaction. The Federal Communications Commission stated that the transaction, combined with waivers and buildout conditions, is intended to unlock underutilized spectrum assets and expand spectrum-based connectivity services for consumers across the United States.
EchoStar Corporation, founded in 1980 and headquartered in Englewood, Colorado, is a telecommunications and satellite services company that provides broadband internet, wireless mobile services, and in-flight connectivity solutions through brands including HughesNet and Boost Mobile. In addition to its satellite communications and Pay-TV operations, the company maintains a substantial portfolio of wireless spectrum assets, positioning it as an important participant in the evolving satellite and direct-to-device connectivity market.
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