SpaceX files for IPO as value could top $1.75 trillion
SpaceX just quietly filed for an IPO, and the hype could push its value past $1.75 trillion.
The news sent shares of Rocket Lab, Planet Labs, Intuitive Machines, and Howmet Aerospace climbing during the session.
It's all part of a bigger wave of excitement around NASA's upcoming lunar mission and the growing trend of cheaper launches and more satellites in orbit.
SpaceX IPO lifts space ETFs
The SpaceX IPO isn't just making headlines; it's lifting related markets too. Space-focused ETFs like Ark Space and Defense Innovation and Procure Space saw gains, showing investors are paying attention.
Even Tesla and EchoStar stock got a boost.
If this IPO goes public as expected, up to 30% might be open to regular folks, not just big investors, making it way more accessible than most space deals.