5 Best Satellite and Space Stocks Billionaires Are Buying

This article looks at the 5 Best Satellite and Space Stocks Billionaires Are Buying. You can see the expanded list of the 10 Best Satellite and Space Stocks Billionaires Are Buying here.

Over the past few years, space and satellites companies have gone from being considered speculative, meme stocks to an investable category. Businesses in the sector are generating solid revenue and are receiving high-value government and defense contracts that are closely tied to their growth stories.

The biggest story of the year for the sector was Musk’s rocket and spacecraft manufacturer’s IPO in June, which was the biggest ever, making it one of most valuable companies in the world with a market cap of $1.77 trillion at the time.

Check out our list of the 10 Fastest-Growing Space Stocks to Buy Now.

However, the ride so far has been rough. As of the close on November 6, the stock is down by more than 36% from the post-IPO peak in June, representing a decline of 10% since the Nasdaq debut.

This is a reflection of the sector on a whole. Stocks have remained volatile in 2026, surging to peaks during the first half of the year amid optimism around AI and upcoming IPOs, followed by a sharp pullback during the back half of the year.

That said, the macro backdrop offers reasons to be enthusiastic about. Morgan Stanley anticipates the global space industry to grow from $350 billion in size to touch the $1 trillion mark by 2040, as governments across the world pump hefty amounts into next-generation space infrastructure every year.

So what are best satellite and space stocks billionaires are buying? We provided an expanded list of 10 Best Satellite and Space Stocks Billionaires Are Buying. The top 5 stocks are listed below.

Methodology

We went through ETFs with exposure to satellite and space companies and our previous articles on the subject to get a pool of stocks. From there, we picked the top 10 stocks with the highest number of billionaires having a stake in them, as per Insider Monkey’s Q2 2026 proprietary database of billionaires’ stock holdings. Where two or more stocks were tied on billionaire sentiment, we used the dollar value of billionaire holdings as a tiebreaker between them. Additionally, we also included data on hedge fund holdings in these companies as of Q2 2026 to provide further insight into investor interest.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 612% since May 2014, beating its benchmark by 375 percentage points (see more details here).