SpaceX · China · Elon Musk · Fortune Technology
SpaceX stock is about to join this growing constellation of public companies building a space-based economy
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
Investors are salivating for SpaceX’s blockbuster IPO in a few weeks, but there are already several publicly traded stocks with exposure to different parts of the expanding space economy.
Key facts
- For its part, Elon Musk started SpaceX in 2002 to challenge the dominance of Boeing and Lockheed Martin
- Led by the Falcon rocket and Falcon Heavy for bigger payloads, SpaceX claimed more than 80% of global rocket launches last year and has more than 10,000 Starlink satellites in orbit
- Other aerospace and defense heavyweights like RTX, General Dynamics, L3 Harris, and Leidos play key roles in the space sector as well
- Rocket Lab develops small and medium-class rockets, spacecraft and components while also providing launch services, satellite manufacturing, and on-orbit management
Summary
The space sector has come into renewed focus as the U.S. and China race to the moon. In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications and imagery. For its part, Elon Musk started SpaceX in 2002 to challenge the dominance of Boeing and Lockheed Martin. Led by the Falcon rocket and Falcon Heavy for bigger payloads, SpaceX claimed more than 80% of global rocket launches last year and has more than 10,000 Starlink satellites in orbit.