In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications or imagery.

The SpaceX IPO is expected to price Thursday evening, with shares trading Friday on the Nasdaq under the ticker SPCX.

Shares of satellite and rocketry-related companies worldwide have surged as everything from Starlink component manufacturers to ETFs that own private shares in SpaceX draw strong…