• The global space economy is estimated at $626 billion in 2025, with private investments rising 48% to $12.4 billion.
  • From 2009 to today, $347.9 billion has been invested in 2,197 space companies.
  • AST SpaceMobile has no operational subscribers, with a market cap-to-revenue ratio of about 280.
  • AST SpaceMobile’s stock has surged tenfold from bottom to top, exhibiting meme stock characteristics.
  • Intuitive Machines has NASA contracts but records tens of millions in annual losses.
  • Investing in the space industry is akin to funding early expeditions to America – returns are uncertain and long-term.