Space Stocks Take-Off On Musk’s SpaceX IPO Comments | ZeroHedge

by Tyler Durden
Monday, May 18, 2026 – 08:55 AM

AST SpaceMobile, EchoStar, and Rocket Lab moved higher in premarket trading in New York after Elon Musk, speaking by video at the Samson International Smart Mobility Summit on Monday, said a SpaceX IPO is coming "pretty soon," adding to investor hype around the publicly traded space industry.

"We’ve got to get the SpaceX IPO stuff going here pretty soon," Musk told the summit, which was taking place in Tel Aviv, via video call.

Elon: "I would be there in person, but we gotta get this @SpaceX IPO going pretty soon."

👀🚀 https://t.co/6uwiDKS9of pic.twitter.com/yGVMTm7qmg
— Sawyer Merritt (@SawyerMerritt) May 18, 2026

Shares of EchoStar were up about 3.5% in premarket trading. AST SpaceMobile and Rocket Lab also moved higher by about 2.5% after Musk’s comments earlier today.

Source

https://www.zerohedge.com/technology/space-stocks-launch-musks-spacex-ipo-comments

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