SpaceX’s $2 Trillion IPO Is Coming: These 6 Stocks Will Ride the New Space Economy Into Orbit

SpaceX confidentially filed for its IPO on April 1, with analysts now targeting a June 2026 listing at a valuation between $1.75 trillion and $2 trillion. That would dwarf Saudi Aramco’s record $29.4 billion raise and could bring in as much as $75 billion in new capital. Morgan Stanley just released a list of 60 public companies across the full space supply chain — the Space 60 — that stand to capitalize on the opportunity, everything from raw materials to satellite services.

While all the names on that list stand to gain something from broader space growth, many operate businesses so diversified that space revenue simply will not move the needle. The six stocks below, drawn from the spacecraft-and-launch and satellite-operators categories in Morgan Stanley’s framework, operate with far tighter ties to the infrastructure layer. A SpaceX listing will force the market to reprice the entire ecosystem, and these names sit at the center of that shift.

Rocket Lab USA (RKLB)

Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) stands as a primary beneficiary of the shifting space economy. In its Q1 2026 earnings report on May 7, the company posted record quarterly revenue of $200.3 million—a 63.5% year-over-year increase—and announced a massive backlog surge to $2.2 billion. With a current market cap near $49 billion, Rocket Lab is rapidly scaling its Neutron rocket program to challenge the medium-lift market.

Unlike diversified aerospace names whose space work amounts to a fraction of total sales, Rocket Lab’s vertical integration gives it direct exposure to every additional launch cadence. As SpaceX moves toward public markets, Rocket Lab’s ability to book 31 missions in a single quarter positions it as the dominant alternative for global satellite constellations.

AST SpaceMobile (ASTS)

AST SpaceMobile (NASDAQ:ASTS) is constructing a space-based cellular broadband network that connects standard phones directly from orbit. While the company holds over $1.2 billion in contracted revenue, it faced a recent operational hurdle on May 6, 2026, when its BlueBird 7 satellite was deployed into a lower-than-intended orbit. Despite this setback, the company maintains its FCC authorization for 248 satellites, aiming for a $1 billion revenue run rate by 2027.

While larger satellite operators dilute their focus across legacy services, AST SpaceMobile’s direct-to-device model targets the untapped global mobile market. The SpaceX IPO will spotlight connectivity infrastructure, and despite short-term launch volatility, ASTS’s constellation expansion remains a high-conviction play for orbital 5G.

Planet Labs (PL)

Planet Labs (NYSE:PL) operates the world’s largest Earth-observation constellation and delivers daily global imagery plus analytics. For fiscal 2026, the company posted record revenue of $307.7 million, up 26% year-over-year, with fourth-quarter revenue hitting $86.8 million, up 41%. Backlog reached $900 million, up 79%, and remaining performance obligations climbed 106% to $852 million. The stock trades at a market cap near $13.3 billion, with greater losses last year due to the near-1,100% gain in its stock, causing a repricing of warrants.

Compared with defense contractors that treat imagery as one small segment, Planet Labs’ 98% recurring annual contract value gives it clearer visibility and higher operational leverage to the data-services boom the SpaceX listing will intensify.

Intuitive Machines (LUNR)

Intuitive Machines (NASDAQ:LUNR) designs and operates lunar landers and surface delivery systems tied to NASA’s Artemis program and commercial missions. The company reported trailing 12-month revenue of $210 million and guided 2026 revenue between $900 million and $1 billion — nearly five times higher. Its market cap sits near $4.4 billion, with losses significantly improving last year.

While bigger aerospace peers spread lunar work across massive defense portfolios, Intuitive Machines’ focused lander roadmap delivers concentrated exposure. The SpaceX IPO will heighten scrutiny on lunar infrastructure, and Intuitive Machines’ recurring mission pipeline stands to benefit directly.

Redwire (RDW)

Redwire (NYSE:RDW) manufactures spacecraft components, deployable structures, and in-space manufacturing systems. Full-year 2025 revenue reached $335.4 million, up 10.3%, with fourth-quarter revenue jumping 56.4% to $108.8 million. The company guided 2026 revenue at $450 million to $500 million and ended the year with a $411 million backlog. The market cap is approximately $2.06 billion, with a trailing P/E at a loss.

Unlike specialty-materials suppliers whose space sales represent a minor slice, Redwire’s end-to-end component focus creates tighter correlation to satellite deployment growth. The SpaceX-driven repricing will shine a brighter light on exactly these enabling technologies.

BlackSky Technology (BKSY)

BlackSky Technology (NYSE:BKSY) provides real-time geospatial intelligence through its high-revisit satellite constellation. On April 22, 2026, the company secured a pivotal $25 million multi-year defense contract, further validating its data-as-a-service model. With its new Gen-3 satellites now operational and delivering 35-centimeter resolution, BlackSky expects 2026 revenue to climb as high as $145 million with positive adjusted EBITDA.

While broader intelligence contractors bury geospatial revenue inside huge portfolios, BlackSky’s dedicated constellation and analytics platform deliver purer exposure. The SpaceX IPO will draw fresh capital toward persistent monitoring plays, and BlackSky’s Gen-3 momentum positions it to capture that flow.