3 Space Stocks To Watch Amid Elon Musk’s SpaceX IPO Hype
Three space-related stocks are positioned to benefit from the market repricing triggered by the upcoming SpaceX IPO.Summary
The anticipated $1.75 trillion IPO of SpaceX is expected to redefine the space sector's valuation by providing real-world benchmarks for launch costs and Starlink's economics. Investors are looking at three key public companies as primary beneficiaries or comparative plays.
Rocket Lab (RKLB) is identified as the closest public competitor to SpaceX in terms of building launch vehicles and spacecraft. With strong Q1 revenue growth and a significant backlog, RKLB's valuation will likely be repriced once SpaceX's actual margins are revealed.
AST SpaceMobile (ASTS) offers a high-risk, high-reward play in the direct-to-cell satellite market. Its performance will be closely compared to SpaceX's Starlink direct-to-cell capabilities once subscriber data becomes public.
Intuitive Machines (LUNR) represents the profitability angle, as it is a pure-play space stock guiding toward positive adjusted EBITDA by 2026. Investors will watch LUNR as a benchmark for the profitability potential within the broader space economy.
(Source：BeInCrypto)