Jun. 22 at 4:24 PM
SpaceX raised
$85B on its IPO.
Now that money has to be spent, and it will move through the whole value chain.
These are the key suppliers and beneficiaries:
SpaceX & Starlink
Materials:
$HXL $VELO $CPSH $CSTM $ATI
If SpaceX is deploying an
$85B capital raise, one of the biggest beneficiaries could be the upstream materials supply chain. Rockets, satellites, and Starlink terminals all depend on advanced materials.
HXL is a leader in aerospace composites and benefits from lightweighting trends. ATI specializes in titanium and high-performance alloys used in engines and structural components. CSTM provides advanced aluminum products, while CPSH focuses on high-performance composites. VELO could benefit from rising demand for advanced manufacturing and industrial materials.
History shows that during major aerospace buildouts, some of the biggest long-term winners are often the companies supplying critical materials and components.
if commercial space enters a supercycle, would you rather own the space companies themselves or the “picks and shovels” suppliers behind them? Which name is your favorite?
