What Happened
Six Stocks Poised to Ride the Wave of Space Investment
SpaceX’s upcoming IPO, with a target valuation above $2 trillion, is expected to have a profound impact on the space industry. The listing may accelerate demand for companies with exposure to space infrastructure, such as Rocket Lab, AST SpaceMobile, and Planet Labs. According to 24/7 Wall St., these stocks, along with Intuitive Machines, Redwire, and BlackSky Technology, are well-positioned to benefit from the growing space economy. The IPO was first reported by unknown sources.