SpaceX is rumored to announce a long-awaited IPO by mid-2026, potentially valuing the company at $1.5 trillion, making it one of the largest IPOs in history. This could significantly influence the aerospace sector, which is already experiencing a surge this year; Rocket Lab’s stock has increased by 230% and Planet Labs has risen over 700% in the last year.
Rocket Lab reported a 48% year-over-year revenue increase to $155.08 million in Q4 2025, with a record 21 successful launches. The company has a backlog of $1.85 billion, with 37% expected to convert to revenue within the next year. Meanwhile, Planet Labs achieved record revenue of $86.8 million, a 41% year-over-year increase, and reached adjusted EBITDA profitability for the first time, alongside a 79% year-over-year backlog growth to $900 million.
Both companies are positioned favorably in a growing market, with analysts particularly optimistic about Planet Labs, raising price targets to imply a nearly 47% upside potential. The upcoming IPO and strong financial milestones underscore the momentum in the space sector.
