SpaceX controls the largest share of the launch market, but No. 2 Rocket Labs is growing impressively, too.

SpaceX and Rocket Lab are both compelling space stocks, but one has a much stronger case for long-term investors.

SpaceX generated roughly $18.5 billion in revenue in 2025, with Starlink alone pulling in more than $10 billion. The combined company, which now includes xAI and X (formerly Twitter), generated ...

AST SpaceMobile remains early-stage with key risks in deployment, activation, and economics unresolved; manufacturing and launch progress is incremental and insufficient to justify continued valuation ...

Both companies are unprofitable and burning cash, but their balance sheets and risk profiles tell very different stories for 2026.