SpaceX IPO ignites a rocket-fueled frenzy in these stocks and ETFs

Retail investors aren’t waiting until June to ascent aboard the SpaceX (SPAX.PVT) IPO.

Inside the action: Retail investors are progressively blasting into space-themed stocks and ETFs up of a imaginable SpaceX IPO, according to Vanda Research.

The bullish enactment is taking respective forms.

First is done space-themed ETFs. Retail investors buying crossed a handbasket of space-themed ETFs are present moving astatine their strongest gait since 2021, per Vanda Research. The Procure Space ETF (UFO) is emerging arsenic a standout favorite.

“UFO’s 1 cardinal successful retail nett buying peaked astatine a grounds $6.2 cardinal connected April 30 and inactive sits astatine an elevated $3.8 cardinal presently – astir 3times stronger than anterior peaks,” Vanda pointed out.

Also catching beardown involvement are “picks and shovels” abstraction names.

“Redwire (RDW) — which provides outer infrastructure and spacecraft components – has emerged arsenic the clearest retail favourite, attracting $41.1 cardinal of retail nett buying implicit the past 20 trading days,” Vanda said. “Retail appetite is picking up successful smaller and much speculative abstraction names including Sidus Space (SIDU), Satellogic (SATL) and Planet Labs (PL), reinforcing the broadening retail involvement crossed the abstraction commercialized beyond the much established proxy names.“

The nuts and bolts of the SpaceX IPO: SpaceX is reportedly eyeing a June 11 pricing for its IPO and a June 12 Nasdaq (^IXIC) listing. Goldman Sachs is starring the deal, with 21 banks down it. In an astir unheard-of move, retail investors are earmarked for 30% of the float, 3 times the standard.

The Elon Musk-led institution is aiming for a $1.75 trillion valuation for its listing, which would enactment it down Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG, GOOGL), and Amazon (AMZN) connected the world’s astir invaluable institution list.

SpaceX reported $18.7 cardinal successful full gross for 2025, a 33% year-over-year jump. Satellite work Starlink unsocial accounts for $11.4 cardinal — oregon 61% of the total. It’s the existent maturation motor present and the crushed organization wealth is lining up.

But there’s a catch: SpaceX posted a GAAP nett nonaccomplishment of $4.28 cardinal successful the archetypal 4th of this twelvemonth unsocial and carries an accumulated shortage of $41.3 cardinal — truthful don’t fto the hype unsighted you to the risk.

IPO proceeds are reportedly earmarked for a dramatically higher Starship formation rate, AI-powered orbital information centers, and aboriginal groundwork for a imperishable lunar base.

Bottom line: The enthusiasm for the SpaceX IPO is decidedly palpable successful portion due to the fact that of the company’s exertion and allure of getting vulnerability to Musk beyond Tesla (TSLA).