3 Undervalued Space Stocks to Buy Before Blast Off Undervalued space stocks just got a little easier to find. The Russian invasion of Ukraine has re-ignited the debate over the multi-billion-dollar Space Economy, putting the spotlight on space stocks again. The Kremlin plans to sever its long-standing space partnership with the U.S. and could potentially build its own space station in the next few years. Additionally, China is also building its own space station. The space sector was red hot a year ago, but most companies in the sector have lost their luster and many have become undervalued space stocks. A lot of this sentiment is the result of their internal failures in pushing forward toward commercialization. However, the technology will only improve over time, and costs will likely decrease significantly. Therefore, the space economy will become a reality sooner or later, which is why the current downturn presents a tremendous buying opportunity to buy undervalued space stocks ahead of one of the biggest megatrends in recent memory.