AST SpaceMobile vs. Rocket Lab: Which Space Stock Has More Upside?

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Space Stocks Take Off: AST SpaceMobile vs. Rocket Lab

Two distinct satellite plays, but which offers cleaner upside for South African investors?

AST SpaceMobile aims to connect smartphones directly via satellites, a flashy idea that could disrupt traditional telecom. Yet, it’s early days, and turning this ambition into steady cash flow is uncertain. Rocket Lab, by contrast, has a broader approach—building rockets and satellite networks with solid government contracts, including juicy US Space Force deals worth hundreds of millions. For South Africans, the direct benefit is limited, but the rand’s dollar exposure via USD/ZAR means these US-based plays impact risk appetite. On the JSE, look at MTN’s ongoing push into digital and infrastructure—it’s the local mirror to these space-age ambitions, though less speculative. I’d watch Rocket Lab for now, given its contract pedigree, but keep ASTS on the radar as a speculative long shot. These views hinge on the success of these technology ventures materializing into regular cash flow, which is never guaranteed. this is just our opinion and not financial advice