Motley Fool Backs 2 Space Stocks Before SpaceX's June 12 IPO
Updated
Updated · The Motley Fool · May 31
Motley Fool Backs 2 Space Stocks Before SpaceX's June 12 IPO
5 articles · Updated · The Motley Fool · May 31
June 12 is the target date for what Motley Fool says could be SpaceX’s record-setting IPO, and it argues the event could lift interest across the space sector.
AST SpaceMobile is one of its picks, with plans to deploy 45 satellites by year-end despite losing one spacecraft after a Blue Origin launch placed it too low in orbit.
The company still expects launches every one to two months, supported by multiple providers, while leaning on carrier deals with AT&T, Verizon and Vodafone plus a $30 million SDA contract.
Intuitive Machines is the other recommendation after winning $429 million in new contracts, posting first-quarter revenue of $186.7 million and building a backlog above $1.1 billion.
The broader case rests on U.S. support for space and defense programs and PwC’s forecast that the space economy could reach $2 trillion by 2040.
Is SpaceX's pivot to AI a brilliant move or a risky gamble to justify its colossal IPO valuation?
With Elon Musk retaining total control, are SpaceX IPO investors just funding a mission they cannot influence?
Will satellite-to-phone services from Starlink and AST finally eliminate the world's cellular dead zones?
SpaceX’s Historic $1.8 Trillion IPO: Risks, Governance, and the Future of Space Investment
Overview
SpaceX has officially started its highly anticipated IPO process by filing its S-1 with the SEC, aiming to list its Class A shares on Nasdaq and Nasdaq Texas under the ticker SPCX. This move has drawn intense Wall Street scrutiny, as investors analyze the company’s financial health, ambitious goals, and risks. The IPO is projected to be one of the largest in history, with reports suggesting a potential $1.8 trillion valuation. This massive figure highlights strong market confidence and speculative interest in SpaceX’s diverse ventures, marking a major strategic shift for the company and the broader space sector.