BlockBeats News, May 27th, influenced by SpaceX submitting its S-1 IPO filing and the expected listing on Nasdaq on June 12th, the U.S. stock market saw a collective rise in space and satellite-related stocks. Momentus surged over 109%, Redwire rose over 26%, AST SpaceMobile increased by 13%, and Firefly Aerospace surged over 19%. The market believes that SpaceX is planning to go public with a valuation of around $1.75 trillion to $2 trillion, driving a reevaluation of the commercial space sector. The BofA Space Industry Stock Basket has risen by about 61% year-to-date, while the space-themed ETF UFO has increased by approximately 70%.

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