Space Stocks You Should Buy Before Piling Into SpaceX

SpaceX’s momentum in capital markets is framed by the report as investors look for exposure to the rapidly expanding space economy without immediately “piling into” SpaceX. On June 12, Space Exploration Technologies—SpaceX—completed what the article calls the largest initial public offering ever, closing the day with a valuation of about $2.1 trillion. It argues that although SpaceX is expected to benefit from major future growth, the stock’s valuation could make it prone to large price swings given it lacks the revenue scale of many megacap peers. As alternatives, the article highlights Rocket Lab (NASDAQ: RKLB), citing 35 launches over the past 18 months compared with SpaceX’s 260 in the same period. It notes Rocket Lab’s Electron rocket can carry roughly 300 kilograms and that it secured a $190 million contract in March for 20 hypersonic test flights under its HASTE program. The piece also describes a $2.2 billion backlog, with $1.3 billion tied to space systems.