Space fever is reaching escape velocity in anticipation of SpaceX’s historic IPO. With significant capital flowing into the sector, investors are scrambling to position themselves for a new era in the commercial space. Here are nine notable space stocks that should be on your radar.
SpaceX’s public debut is generating enormous excitement in the space sector. The company filed its S-1 last week, aiming for a possible listing on Nasdaq as early as mid-June under the symbol . Reports suggest a valuation of up to $2 trillion and an increase of at least $75 billion, which would be the largest IPO ever.
This milestone is already driving up space-related stocks, many of which are optimizing for industry-wide capital inflows, increased visibility and validation of the growth of the space economy. Investors are looking to companies specializing in launch services, satellite technology, lunar missions, infrastructure and connectivity as proxies or beneficiaries of the boom.
As such, here are nine notable space-related stocks that deserve a spot on your investing radar right now:
1. Rocket Lab
Often called SpaceX’s closest public proxy, Rocket Lab (NASDAQ:) provides dedicated launch services to small and medium-sized businesses with its Electron rocket and is developing the larger Neutron vehicle. It benefits from a strong order book and frequent launches.
Source: InvestPro
The stock has seen explosive gains and remains a favorite among investors betting on commercial launch demand.
2. AST SpaceMobile
AST SpaceMobile (NASDAQ:) is building a space-based broadband cellular network for direct-to-device connectivity with standard smartphones. Partnerships with major operators allow it to benefit from massive growth in global coverage. High volatility and ambitious goals make it a high-risk, high-reward game amid the space hype.
3. Intuitive machines
A leader in lunar services, Intuitive Machines (NASDAQ:) has delivered NASA payloads to the Moon and has significant delays in government and commercial contracts. It is one of the most operationally advanced players in lunar exploration and infrastructure.
Source: Investing.com
Analysts project 9%…
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