2 Space Stocks to Buy in July (Hint: Not SpaceX)

Space stocks are getting a batch of attraction this summer. Some of that tin beryllium attributed to the buzz surrounding Space Exploration Technologies (NASDAQ: SPCX) and its record-setting IPO past period that raised astir $86 billion. SpaceX already sports a marketplace capitalization of much than $2 trillion, making it 1 of conscionable a fistful of stocks successful the trillion-dollar club.

But the stocks getting the astir attraction aren't ever the champion concern opportunities. SpaceX banal has an utmost valuation, meaning investors person already priced it to perfection.

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However, determination are different compelling concern options successful the abstraction banal arena. Two that basal retired are Rocket Lab (NASDAQ: RKLB) and Redwire (NYSE: RDW). Let's look astatine both.

Space banal No. 1: Rocket Lab

Rocket Lab is having a large tally of its own. The banal is up 1,680% successful the past 3 years, including a summation of much than 50% this year, arsenic investors got excited astir its end-to-end motorboat work business.

Rocket Lab has completed much than 90 launches to day with its 2 families of abstraction vehicles. Electron is simply a two-stage orbital motorboat conveyance utilized to spot tiny satellites into orbit, portion Haste is simply a suborbital conveyance designed for investigating and deploying technologies astatine precocious speed. It's presently processing a larger vehicle, Neutron, for heavy abstraction missions and quality spaceflight.

Rocket Lab has 2 motorboat pads successful New Zealand and 1 successful Virginia, and has contracts with some backstage companies and governments, including with NASA, to enactment missions to Mars and the Moon. Other missions person been with the U.S. Space Force, the Japanese institution Synspective, and the Japan Aerospace Exploration Agency (JAXA), among others.

Rocket Lab besides announced an statement to get Iridium Communications, a publically traded institution that maintains a low-Earth outer web and has much than 2.55 cardinal planetary customers. Rocket Lab intends to nexus its motorboat and outer manufacturing concern with Iridium's planetary outer web to make an integrated abstraction company.

Space banal No. 2: Redwire

Redwire isn't arsenic blistery arsenic Rocket Lab, but it's coagulated successful its ain right. The banal is up astir 400% implicit the past 3 years and has gained 65% successful 2026.

The institution makes aerospace infrastructure, autonomous systems, and products that incorporated integer engineering and AI automation. Redwire was a portion of NASA's Artemis II mission, which was the archetypal crewed flyby of the Moon since 1972. Astronauts utilized Redwire's precocious optical imaging and prima sensor exertion arsenic portion of the ship's interior and outer camera system, which enabled in-flight inspection of the craft.