The most anticipated IPO in market history is now weeks away. SpaceX filed its S-1 on May 20, targeting a Nasdaq listing under the ticker SPCX early on June 12.
The final price, price date, and size of the deal remain subject to amended filings and IPO pricing, but reports focus on a valuation range of $1.75 trillion to $2 trillion and a potential raise large enough to surpass Saudi Aramco’s record public offering. The road show begins on June 8, and Elon Musk will retain 85.1% of the voting power by using a two-tier structure.
However, the SpaceX IPO is not just an isolated event. It could establish a reference point for the public space economy market on a scale that changes the way every publicly traded space company is valued and discussed. Capital has been moving into the aerospace sector at a rapid pace since the S-1 went public, and that momentum is likely to intensify as the listing approaches.
But not all stocks rising to SpaceX headlines have the same level of exposure. Others may benefit from price comparisons, supply chain demand, ownership stakes, or increased investor interest. It is important to focus on the companies with the strongest relationships in the case of SpaceX rather than chasing momentum.
The companies most likely to benefit are those with meaningful operational, financial, or strategic connections to SpaceX and the broader space economy—which makes the following five stocks especially important to watch as the IPO nears.
Rocket Lab: A Clear Community Comparison of SpaceX
Rocket Lab Today
As of 06/1/2026 04:00 PM Eastern
- 52 week interval
- $25.24
▼
$151.00
- Target Value
- $97.19
Rocket Lab NASDAQ: RKLB is the direct and most obvious beneficiary of the SpaceX IPO.
As the closest publicly traded competitor to SpaceX, which offers overlapping capabilities across launch services, spacecraft production, and national security missions, Rocket Lab is the name investors turn to first for public market exposure to the space economy.
Every time the value of SpaceX is discussed, the next natural question is: How much is the profit of the second most powerful space company in the world?
The stock is up nearly 75% year-to-date (YTD) and more than 350% over the past year, and momentum has accelerated since SpaceX’s S-1 filing. The 52-week and all-time high of $151 was hit recently, though shares have retreated since then.
The stock’s momentum isn’t just tied to the IPO, however. Rocket Lab has a long backlog of $2.2 billion, a Q2 guidance range that beats consensus by 12%, a $90 million Space Force GEO satellite contract, and a Neutron on track for a first Q4 2026 launch.
The consensus among 20 analysts is a Buy Average price target of $97, well below where the stock is trading, indicating how quickly the market has priced back the SpaceX IPO halo effect on RKLB.
Alphabet: SpaceX’s Hidden Stake Inside Mega-Cap’s AI Story
The Alphabet Today
As of 06/1/2026 04:00 PM Eastern
- 52 week interval
- $162.00
▼
$408.61
- Dividend Yield
- 0.23%
- The P/E ratio
- 28.71
- Target Value
- $413.33
Alphabets NASDAQ: GOOGL he may be the single most overlooked SpaceX beneficiary in the entire market.
In 2015, Alphabet and Fidelity jointly invested nearly $1 billion in SpaceX At a valuation of approximately $12 billion, Alphabet contributed approximately $900 million, and received a combined share of approximately 10%. After the merger of SpaceX and xAI in early 2026, equity was diluted, and Alphabet’s current share is estimated at about 5% of the combined business. At an IPO valuation of $2 billion, that stake is worth nearly $100 billion, representing a 100-fold return on the original investment within a decade.
That $100 billion figure is nowhere to be seen in Alphabet’s current valuation discussion. It is recorded on its balance sheet as a long-term investment, and if it is marked to market at IPO prices, the impact on Alphabet’s book value will be significant.
The stock is up nearly 20% YTD, has a market cap north of $4.5 billion, revenue of $132.17 billion, and a forward P/E of 26.
The consensus among 54 analysts is Average Buy, with a price target of $43, which means about 10% upside. For investors who already hold GOOGL for its AI and cloud momentum, the SpaceX IPO represents another cost-effective service.
Redwire: A Supply Chain Built for the Expanding Space Economy
Redwire Today
- 52 week interval
- $4.87
▼
$26.64
- Target Value
- $15.44
Redwire NYSE: RDW it does not directly launch rockets or land on the moon. But what it does is arguably the most important: design and manufacture the critical hardware that makes spaceflight possible.
Computer hardware and devices such as deployable solar arrays, precision robotic arms, radio frequency antennas, advanced composites, and space-based manufacturing systems are used across civil, national security, and commercial applications.
Every satellite that is launched, every government mission that receives funding, and every commercial satellite that expands requires the kind of hardware that Redwire builds. The SpaceX IPO and a broader wave of space investment are expected to put a redwire right on the path to accelerating demand.
The stock is up nearly 170% YTD, including a 60% surge in the past week alone as SpaceX IPO momentum swept the sector. RDW’s fundamentals justify investors’ attention beyond sentiment trading. Q1 2026 revenue grew 57.9% year-over-year (YOY) to $96.97 million, and a record backlog of $498 million grew 71% YOY, which is a direct reflection of more funded programs and more equipment being contracted to both government and commercial customers.
The NATO Penguin Mk3 tactical UAS contract announced last week, as well as the company’s participation in SOF Week 2026, underlines the security revenue stream that is developing across the country alongside the commercial space business.
Analysts hold a consensus average buy rating among 12 analysts. The stock’s move significantly exceeded the consensus price target of $15, and could follow a wave of upward revisions in the coming weeks as analysts update their models to reflect both fundamental progress and the sector’s price range.
Precision Machines: Lunar Economy Play
Precision Machinery Today
Accurate machines
As of 06/1/2026 04:00 PM Eastern
- 52 week interval
- $7.78
▼
$46.75
- Target Value
- $31.50
Accurate machines NASDAQ: LUNR up over 135% YTD, driven by a combination of sector momentum and real fundamental progress.
The company is the leading provider of commercial lunar mission services under NASA’s Commercial Lunar Payload Services (CLPS) program and has a $4.82 billion Near Space Network Services contract, one of the most important long-term government contracts in the market.
SpaceX’s $1.75-$2 trillion valuation is important to LUNR in particular because it establishes a public market reference point for the commercial space economy, and the lunar portion of that economy is where Precision Missions only work.
SpaceX’s Starship rocket is the vehicle that will eventually provide the bulk of the power for lunar missions and cargo, including those that NASA has contracted Intuitive Machines to provide. The two companies complement each other rather than compete, and SpaceX’s successful lineup that ensures the economy of space can directly benefit Precision Missions.
The stock recently hit a 52-week high of $46.75, taking its quarterly gain to nearly 165%. Investors should note that the analyst consensus rating is held among 12 analysts, with a target price of $31.50, indicating a decline from current levels, and that the stock has reasonable analyst ratings amid industry sentiment and overall enthusiasm and excitement.
Destiny Tech100: The Nearest Public Market Representative for NAV Risk
Destiny Tech100 Today
- 52 week interval
- $19.71
▼
$72.87
Destiny Tech100 NYSE: DXYZ is the most unusual word on this list, and the one that needs the most context. It is a publicly traded closed-end fund that holds a portfolio of private, pre-IPO technology companies, including SpaceX, OpenAI, Anthropic, and Stripe.
For investors seeking direct public market exposure to SpaceX prior to the IPO, DXYZ is the closest available vehicle.
The fund is up more than 61% YTD and is up nearly 170% from its 52-week low. Perhaps unsurprisingly, its correlation with the SpaceX IPO news flow has become almost synonymous.
However, investors need to understand what they are buying. DXYZ is currently trading at a very high valuation for its stock, which means the market is paying more for the portfolio than the underlying shares are worth independently. That NAV premium suppresses potential upside for SpaceX’s own listing, as the market is already pricing in a large portion of expected earnings. However, in the short term, its increase of more than 120% in the last 6 months may continue amid a potential sell-off situation as the much-anticipated listing approaches.
The fund also has no analyst coverage and carries a beta of around 5, making it a highly volatile vehicle that may be suitable for traders with a high risk tolerance.
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