Space stocks

The best space stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

Our picks for the best space stocks

We round up a selection of stocks in or related to the aerospace industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

---

1. Virgin Galactic (SPCE)

Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles.

• Previous close price: $3.46
• Market capitalization: $955,140,672
• 1 year performance: -51.34%

Buy SPCE stock on National Bank Direct Brokerage

---

2. Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage.

• Previous close price: $203.93
• Market capitalization: $637,576,609,792
• 1 year performance: -70.68%
• P/E ratio: 56.6648

Buy TSLA stock on National Bank Direct Brokerage

---

3. The Boeing Company (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for passenger and cargo requirements, as well as provides fleet support services.

• Previous close price: $205.70
• Market capitalization: $123,140,200,000
• 1 year performance: N/A
• P/E ratio: 58.3701

Buy BA stock on National Bank Direct Brokerage

---

4. Northrop Grumman Corporation (NOC)

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems in the United States and internationally. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.

• Previous close price: $435.49
• Market capitalization: $65,832,398,848
• 1 year performance: N/A
• P/E ratio: 14.0476

Buy NOC stock on National Bank Direct Brokerage

---

5. Maxar Technologies (MAXR)

Maxar Technologies Inc. provides space solutions; and secure, precise, and geospatial intelligence solutions in the United States, Asia, South America, Europe, the Middle East, Australia, Canada, and internationally. It operates through two segments, Earth Intelligence and Space Infrastructure.

• Previous close price: $35.70
• Market capitalization: $4,003,368,448
• 1 year performance: 94.46%

Buy MAXR stock on National Bank Direct Brokerage

---

6. Lockheed Martin Corporation (LMT)

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.

• Previous close price: $444.01
• Market capitalization: $113,571,307,520
• 1 year performance: 1.97%
• P/E ratio: 20.5428

Buy LMT stock on National Bank Direct Brokerage

---

7. Vector Acquisition Corporation (VACQ)

Vector Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in San Francisco, California.

• Previous close price: $11.13
• Market capitalization: $437,716,224
• 1 year performance: N/A

Buy VACQ stock on National Bank Direct Brokerage

---

8. Aerojet Rocketdyne (AJRD)

Aerojet Rocketdyne Holdings, Inc. engages in the design, development, manufacture, and sale of aerospace and defense products and systems in the United States. It operates in two segments, Aerospace and Defense, and Real Estate.

• Previous close price: $47.66
• Market capitalization: $4,384,400,384
• 1 year performance: 37.44%
• P/E ratio: 59.6593

Buy AJRD stock on National Bank Direct Brokerage

---

9. Safran (SAFRY)

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul services, as well as sells spare parts.

• Previous close price: $37.35
• Market capitalization: $63,582,621,696
• 1 year performance: 47.26%

Buy SAFRY stock on National Bank Direct Brokerage

Buy space stocks from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

Bottom line

While it's possible to turn a profit investing in space stocks, keep in mind that — like any investment — space stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the aerospace industry, so carefully vet your picks before you invest. And if you're new to investing, or if it's been awhile since you've taken a critical look at your investing accounts, compare brokers to make sure you're getting the best features in your trading account.