5 Explosive Space Stocks to Buy in 2022 and Beyond

Space is a new and exciting industry with potential both now and in the future. According to a report by Morgan Stanley, the space industry could grow from $400 billion to more than $1 trillion by 2040, which doesn't even factor in new markets like space tourism. How do investors capture this upside? Several companies are beginning to build their contributions to this new market.

Investors need to understand that such a young industry carries many risks, but these five companies can generate significant returns if things work out well over the long term.

Image source: Getty Images.

Source Fool.com