The SpaceX Halo Effect

The upcoming SpaceX IPO is truly exciting and also forcing Wall Street to reprice the space economy. This IPO isn't just a win for Elon Musk; it’s a validation event for the entire sector!

I was fortunate to get some exposure into the space sector via Redwire, Planet Labs and Blacksky some time earlier this year before the SpaceX IPO plans hit the news.

A little bit about RDW, PL, BKSY:

Redwire (RDW): A small-cap company with growing earnings, Redwire is a classic case of Fast Grower. It is expanding its backlog and scaling revenue aggressively. As space infrastructure demands skyrocket to support the acceleration in space exploration (think satellite constellation, space station, etc), Redwire’s critical hardware components become indispensable.

Planet Labs (PL) & BlackSky (BKSY): Orbital data, high-resolution Earth imaging, and real-time intelligence are no longer luxury government contracts—they are foundational to global commerce and defense.

As of today, my positions in BKSY and RDW are up ~80% while my position in PL is up ~35%. Am going to continue holding and will add to them if there is a good entry point again.

Disclaimer: This post is not financial advice. Always do your own due diligence.