Jun. 22 at 4:14 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
Electronics:
$STM $FLTCF $TEL $APH $TXN
If SpaceX is deploying an
$85B capital raise, the biggest opportunity may not be SpaceX itself—but the entire supply chain that benefits from the spending.
STM and TXN provide critical semiconductors and analog chips. TEL and APH are leaders in connectors and electronic components, deeply embedded in aerospace, communications, and data center infrastructure. FLTCF could benefit from rising demand for high-reliability electronics.
Every satellite, every Starlink terminal, and every rocket launch requires advanced electronics and mission-critical components. Historically, some of the biggest winners are the companies selling the “picks and shovels,” not necessarily the gold miners.
if commercial space enters a supercycle over the next decade, do you prefer direct SpaceX exposure or these under-the-radar suppliers? Which name is your favorite?
