Morgan Stanley analysts say space has surged back into focus after Artemis II’s successful flight, sparking what they call a “Moon Race 2.0.” The mission’s high‑profile splash‑down has investors eyeing a projected $1 trillion market expansion over the next decade, reviving interest in orbital logistics and lunar infrastructure for growth.

The brokerage identified roughly 60 companies positioned to profit, spanning raw‑material miners, propellant manufacturers, and industrial‑gas suppliers. Firms such as SpaceX‑affiliated launch providers and emerging lunar‑resource firms stand to capture new revenue streams as demand for in‑orbit services accelerates across government and commercial customers seeking sustainable space operations.

Investors are already reallocating capital, with several venture funds launching dedicated space‑tech pools and traditional asset managers adding exposure through equity and debt instruments. The influx of private money follows recent policy shifts, including increased U.S. launch licensing and European orbital‑traffic‑management initiatives that lower entry barriers for participants.

While enthusiasm runs high, analysts caution that returns will hinge on execution risk and the timeline for commercial lunar activities. Companies that secure early contracts for fuel depots or mining rights could see valuation multiples outpacing traditional aerospace peers, making sector selection a decisive factor for portfolios today.