As SpaceX Readies for Massive IPO, This Is the Space Stock You Should Be Buying

Group 1: SpaceX IPO - SpaceX is preparing for a potential IPO in 2026, aiming to raise $30 billion and achieve a valuation of approximately $1.5 trillion [1] - The IPO reflects SpaceX's expansion in satellite internet, human spaceflight, and Mars colonization, attracting significant investor interest [1] Group 2: Rocket Lab Overview - Rocket Lab specializes in small satellite launches with its Electron rocket and has conducted over 79 successful launches since 2017, including 21 in 2025 [4] - The company is developing the Neutron rocket, a reusable medium-lift vehicle expected to debut in mid-2026, enhancing its operational capabilities [5] Group 3: Rocket Lab Stock Performance - Rocket Lab's stock (RKLB) has increased over 190% in the past 52 weeks, outperforming the S&P 500's 17% gain, driven by record launches and contract wins [6] - The forward price-to-sales ratio for Rocket Lab is around 65x, significantly higher than the aerospace and defense industry average of 2.8x, indicating heightened investor optimism [6] - Despite appearing overvalued relative to industry benchmarks, Rocket Lab's valuation may be justified due to projected revenue growth from the Neutron rocket and backlog expansion [7]