On June 5th, the satellite sector experienced unusual activity! Data shows that as of 9:28 AM, the satellite ETF China Merchants (159218) rose by 0.91%, with China Spacesat leading the gains. Recently, details of the SpaceX IPO have become clearer: the offering size is 555.6 million shares, with an expected issue price of $135 per share, and the listing is approaching. Goldman Sachs predicts that SpaceX's capital expenditure will reach $360 billion by 2028, with 80% allocated to AI-related businesses. The global leader in commercial space is not only about to enter the capital market but is also positioning AI as its core strategic direction, upgrading comprehensively from "satellite communication" to "space computing infrastructure."

Analysis indicates that the trillion-dollar IPO of SpaceX is forming a short-term event catalyst, and the AI investments within its massive capital expenditure confirm the commercial prospects of the new space computing business model. The satellite industry is evolving from "constellation networking" to "space computing," further opening up the value space of the industrial chain.

It is understood that the satellite ETF China Merchants (159218) provides a one-click layout across the entire industrial chain, including satellite manufacturing, onboard chips, communication payloads, ground terminals, and operational services, making it a core tool for investing in the space economy