By Beth McKenna, The Motley Fool
Publication Date: 2026-05-17 19:50:00
Nvidia dominates artificial intelligence (AI) chips and infrastructure on Earth – and it’s poised to do the same for space applications, both from in-space and Earth, in my view.
As such, if you’re looking for a “space stock,” you might consider Nvidia (NASDAQ: NVDA), as the company is growing like gangbusters, extremely profitable, and lower risk than the pure-play space companies. Most of them are burning cash and will need to spend huge sums on capital expenditures for many years. Granted, Nvidia isn’t a pure-play space stock, but I consider the diversity a strength.
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First, why would an investor want to invest in the space economy?
AI in space market’s growth projection is rosy
The space economy is booming and is projected to grow strongly for decades. The global space economy will be worth $1.8 trillion by 2035 (inflation-adjusted), up from $630 billion in 2023, according to consulting firm McKinsey & Co. These figures equate to a compound annual growth rate (CAGR) of about 9%, which is much faster than the overall global economy is expected to grow.
More specifically, the global AI in space exploration market size was pegged at $6.2 billion in 2025 and is projected to reach $110.2 billion by…
