Space stocks rise after report of SpaceX IPO plans

Destiny Tech100

25/03/2026 09:47

** Shares of U.S. space companies rise premarket after The Information reports SpaceX is aiming to file its IPO  prospectus with regulators later this week or next week

** Report states SpaceX could try to raise more than $75 billion in the IPO

** Sidus Space SIDU.O climbs 2.5%, Rocket Lab RKLB.O adds 3.6%, AST SpaceMobile  ASTS.O up 3.3% and Satellogic  SATL.O rises 4.5%

** Virgin Galactic SPCE.N up 1.9%, Planet Labs PL.N gains 3% and Intuitive Machines  LUNR.O climbs 4.8%

** Telecoms company EchoStar SATS.O, which owns SpaceX stock, rises 6.5% and Destiny Tech100 DXYZ.N - a fund that invests in privately owned technology heavyweights - surges 19.3%

** Procure Space ETF UFO.O and ARK Space & Defense Innovation ETF ARKX.Z climb more than 2% each in low volumes

 (Reporting by Shashwat Chauhan in Bengaluru)

 ((Shashwat.Chauhan@thomsonreuters.com))