Morgan Stanley Projects the Space Economy Could Reach $1 Trillion in the Coming Decades. 3 Companies Positioned to Benefit.

Morgan Stanley’s long-term projection that the space economy could reach $1 trillion by 2040 frames a bullish thematic backdrop for space-related equities. The article highlights SpaceX as the leading beneficiary due to its dominant launch cadence and Starlink broadband franchise, while also pointing to AST SpaceMobile’s planned early-2027 commercial satellite cellular service and Lockheed Martin’s sizable space segment, which already contributed 19% of Q1 revenue. The piece is more of an industry outlook than a near-term catalyst, but it reinforces investor interest in satellite internet, direct-to-device connectivity, and defense-related space spending. Market impact is supportive for space-exposed names and could keep attention on high-beta space stocks and established defense contractors with space divisions.