The reunited Big Star returned to Ardent Studios in early 2004 to work on a new album, called In Space. With songs cowritten by Chilton, Stephens, Auer, and Stringfellow, the album was released on September 27, 2005 on Rykodisc.
Currently, the company Clearvision MPG is preparing a film on Big Star's history, based on Rob Jovanovic's book Big Star. The Story of Rock's Forgotten Band.