🚀 SpaceX seeks IPO! Valuation at 1.5 trillion—space stocks storm the market, RKLB & ASTS surge strongly, DXYZ rides the wave!🌌

According to Bloomberg on December 9, SpaceX is advancing its overall IPO plan for mid-to-late 2026, targeting a fundraising significantly exceeding $30 billion, with a company valuation of approximately $1.5 trillion, which would set a record for the largest IPO in history. Meanwhile, Musk openly expressed his intention to enter the orbital data center market on X, calling space data centers "the fastest way to expand computing power in the next four years." The space economy is accelerating, and as core representatives of SpaceX concept stocks, $Rocket Lab(RKLB.US) and $AST SpaceMobile(ASTS.US) have seen year-to-date gains of 109.8% and 245.2%, respectively, continuing to benefit from sector momentum.

I. RKLB & ASTS & DXYZ Quick Overview—Business Highlights + Financial Status

1. RKLB (Rocket Lab USA): The Dominator of Small Rockets, Pioneer in End-to-End Space Services

Rocket Lab (RKLB) was founded in 2006, with dual headquarters in the U.S. and New Zealand, focusing on small satellite launches and space systems. Its core Electron rocket has completed over 50 launches, with clear advantages in low cost and high frequency, serving as a "small but beautiful" complement to SpaceX. Clients include NASA, with an order backlog exceeding $1 billion. In 2025, it set a record with 19 launches, including a Korean KAIST disaster-monitoring satellite on December 11 and a JAXA mission on the 13th. Q3 2025 revenue hit a record $155.1 million, up 48% YoY. The current stock price is around $53.43 (December 9 close), with a year-to-date gain of over 100% and a market cap of approximately $28 billion.

2. ASTS (AST SpaceMobile): The Satellite-to-Phone Revolution, Starlink's "Dark Horse Killer"

AST SpaceMobile (ASTS), founded in 2017 and headquartered in Texas, is building the world's first space-based cellular broadband network—the BlueBird satellite constellation—which connects directly to standard smartphones without modification. It collaborates with over 50 operators, including Vodafone and AT&T, to cover global dead zones, aiming for "5G everywhere." In 2025, it achieved the world's first space video call. The BlueBird 6 satellite, set to launch from India on December 15, will increase scale by 3.5x and data capacity by 10x. Texas and Florida factories are accelerating production. Q3 2025 revenue surged 12x YoY to $14.7 million. The current stock price is around $72.84 (December 10 pre-market), with a year-to-date gain of over 200% and a market cap of approximately $27 billion.

3. DXYZ (Destiny Tech100): SpaceX's Largest Holding Fund, a "Ticket" to Private Space/Tech Unicorns

Destiny Tech100 (DXYZ), a closed-end fund listed in 2024, specializes in investing in 100 top private tech unicorns, allowing retail investors to indirectly share in these high-growth opportunities. Its largest holding is SpaceX (~23%, indirectly held via special instruments, with SpaceX's latest rumored valuation exceeding $800 billion).

II. Why Invest Now?—The Logic Behind the Hype

1️⃣ **Launch Infrastructure Boom:** Trump wants "over 160 U.S. launches annually." If RKLB's Neutron medium rocket succeeds in its Q1 2026 debut, reusable costs could drop below $30 million per launch, targeting the largest market share outside SpaceX. Canada just granted RKLB $1 million CAD for medium reaction wheel development, and it's on the shortlist for SDA Tranche 3 (54+ military satellites).

2️⃣ Federal Funding Floodgates Open: NASA's FY2026 budget remains high, with commercial space taking the lion's share. ASTS has secured a $175 million prepayment from Saudi's stc, and global operator contracts are expected to grow exponentially post-BlueBird 6 success.

3️⃣ Vertical Market Penetration: BlueBird 6's 10 GHz bandwidth per satellite eliminates mobile dead zones in oceans, deserts, and plateaus.

4️⃣ Supply Chain Localization Benefits: Trump's "Made in America" push is driving demand for sensors, reaction wheels, and inter-satellite link chips, with RKLB and ASTS accelerating localization of core components.

5️⃣ Orbital Data Center Revolution: Musk plans to build "orbital data centers," leveraging vacuum cooling, solar power, and laser links to break computing bottlenecks, with single satellites expected to achieve Tbps-level bandwidth.

III. Which Stocks Are Involved?—The Core Players

IV. Key Space Stock Events

1. December 9, 2025: SpaceX announces plans for a 2026 IPO at a $1.5T valuation, raising over $30B (largest IPO ever), reshaping space economy funding. "Forget Land, AI's Next Battlefield Is 'Space Data Centers'—Musk to Build Closed Loop"
2. December 4, 2025: AST SpaceMobile (ASTS) opens new satellite factories in Texas and Florida, scaling BlueBird production with 95% vertical integration.
3. November 10, 2025: ASTS Q3 earnings: $14.7M revenue (+12.4% YoY), $320M cash, $1B+ backlog, but misses estimates.
4. November 4, 2025: Google launches "Project Suncatcher," planning to deploy two prototype satellites with custom TPU AI chips by early 2027, partnering with Planet Labs. "The Ultimate Solution to Energy Bottlenecks? Musk, Bezos, Google All Eye 'Space Data Centers'"
5. October 8, 2025: ASTS signs long-term spectrum deal with Verizon to commercialize satellite-to-phone connectivity.
6. August 15, 2025: RKLB surges 100% from yearly lows post-Q2 earnings, driven by Neutron development and ESCAPADE mission.

Space stocks are hot🔥 but not without risks. Short-term pullbacks are possible, but long-term potential is undeniable.

What's your take? RKLB or ASTS first? 🚀 Battle in the comments!

Share and witness the space stock era together~