
A new round of "space race"

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The market's enthusiasm for the space industry is directly reflected in company valuations. By the end of 2025, the total market capitalization of the top 19 publicly listed space companies in the U.S. has increased from $45 billion to $131 billion over the past year, nearly tripling. Meanwhile, SpaceX's super IPO next year will become the biggest fireworks of this space frenzy
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