U.S. stocks move unexpectedly | Space concept stocks continue to rise before the market opens, reports say SpaceX has finalized IPO details

2026-04-09 17:02:25

Abstract generation in progress

Gelonghui April 7 | U.S. stock space concept stocks continued to rise before the market opened, among which Virgin Galactic, which surged 24.8% yesterday, continued to rise nearly 6%, Momentus rose over 2%, Rocket Lab, AST SpaceMobile, KULR Technology, and others followed the gains.

According to reports, SpaceX has disclosed key IPO details to underwriters, planning to launch roadshows during the week of June 8, aiming to raise $75 billion, with a valuation of up to $1.75 trillion, potentially becoming the largest IPO in history. The biggest highlight is the retail investor arrangement: the CFO explicitly stated that the retail allocation ratio will exceed any previous IPO, and a retail investor event for 1,500 people will be held on June 11. The prospectus is expected to be publicly available in late May. Some analysts say this not only benefits Elon Musk’s rocket company but also will give a huge boost to the entire industry.

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