Space Thematic -UPDATED
Weekly Charts 5/9/2026
The space economy is currently valued at approximately $630 billion and is projected to reach $1.8 trillion by 2035. Within this, the “Space Infrastructure” and “Launch Services” segments are the primary drivers of growth.
Architecture: Scale-Up vs. Scale-Out
Scale-Up (Structural Infrastructure): Companies building large, complex, or high-capacity assets like space stations, medium-to-heavy launch vehicles, and lunar bases. These require massive up-front capital but offer high-moat structural utility (e.g., RDW, RKLB, LUNR, FLY).
Scale-Out (Mass-Constellations): Companies deploying large numbers of smaller, interconnected assets to provide global coverage for communications, imagery, or sensing. These scale by increasing the number of nodes in the network (e.g., ASTS, PL, BKSY, SATL, SIDU, ASTI).
MDA flagging by ATH’s
RDW // I added to my position but still in wedge
Role: Prime contractor for orbital manufacturing and structural space infrastructure (Scale-Up).
Market Cap: $1.87B | Revenue (FY25): $335M
5-Year Trajectory: Revenue expected to reach $1.2B by 2031 as commercial space station modules and 3D-printed orbital structures move into full production.
TAM (5-Year): $100B+ (Space Infrastructure & Services).
