SpaceX filed its S-1 IPO prospectus with the SEC in mid-May, targeting a Nasdaq listing under the ticker SPCX by June, with ambitions to raise up to $80 billion at a valuation exceeding $2 trillion.
The rising tide lifting all rockets
Since the filing dropped, US space stocks have been on a tear. Intuitive Machines surged over 13%. Rocket Lab and Planet Labs posted double-digit gains. AST SpaceMobile climbed 7%, and even Virgin Galactic jumped more than 10%.
Space-themed ETFs, including offerings from VanEck, have seen record inflows tied to the IPO anticipation.
What the S-1 actually reveals
