EL7.AI
Stocks•21 July 2026•
1 min read

Morgan Stanley Projects Space Economy to Reach $1 Trillion by 2040

Key Facts

1Morgan Stanley projects the space economy could reach $1 trillion by 2040, driven by internet and consumer broadband services.
2The report identified SpaceX, AST SpaceMobile, and Lockheed Martin as companies well-positioned to benefit from industry growth.

In a move reflecting growing optimism in advanced technology sectors, Morgan Stanley projects the global space economy could reach a $1 trillion valuation by 2040. According to reports, this massive expansion is expected to be primarily driven by advancements in consumer broadband services and satellite internet. Analysts identified SpaceX, AST SpaceMobile, and Lockheed Martin as the primary corporate beneficiaries positioned to capture this long-term industry growth.

This outlook comes as market data shows varying price levels for sector-related equities; ASTS closed at $57.42, while LMT stood at $509.54 (close of July 20, 2026). Per market data, the SPCX instrument also recorded a closing level of $119.85 on the same date, reflecting current market valuations for the companies highlighted by the bank for their potential in direct-to-device cellular services.

Looking ahead, investors are monitoring the ability of these firms to translate long-term thematic projections into tangible operational results as satellite technology evolves. While the upcoming economic calendar does not list immediate space-sector catalysts, market participants are watching key levels, with ASTS seeing a day low of $56.12 and LMT testing $507.74 as of July 20, 2026.