Iodine becomes increasingly popular as alternative propellant for electric propulsion (EP) systems offering several advantages over established xenon. However, iodine is also a reactive and corrosive element. Thus, a careful material selection for the EP system itself, but also for components employed on the satellite is required in the light of typical space mission durations of several years. Here, we carefully define an approach for mimicking long-term interaction of material specimens with iodine in a space environment. The space conditions cover typical iodine atmospheres (10− 1 to 10− 4 Pa), which occur in the vicinity of a satellite employing an iodine-fed EP system, and exposure times, which correspond to 10 years of mission duration. The approach is used to expose a wide range of metal specimens commonly used on spacecraft to iodine. Chemical modifications of the surfaces of the treated samples are analyzed by x-ray photoelectron spectroscopy (XPS). The elemental metals Fe, Ti, Al, and Nb chemically react with iodine, whereas the elemental metals Ni, Cr, Ta, W, and Mo are basically inert. The stainless-steel and aluminum metal alloys show the same behavior as the corresponding dominant elemental specimens, i.e., Fe and Al, respectively. Somewhat surprisingly, Cr as constituent in stainless steel reacts with iodine, in contrast to elemental Cr. Nevertheless, our studies reveal that long-term exposure to low-pressure iodine atmospheres is not critical for the macroscopic structural integrity of all tested specimens even over space mission durations of several years. The reaction with iodine is macroscopically a surface effect, which mainly affects the optical appearance.