Space

The new space race: who launches, who orbits, and who gets paid on the way to the Moon.

Centered on Rocket Lab. The interactive map shows live prices and fundamentals for every public company here; this is the research behind it.

The Launchers

Own the rockets — the tollbooth to orbit

SPCX — SpaceX

Falcon 9, Starship, and Starlink: launches more mass to orbit than the rest of the planet combined, and owns the biggest satellite constellation ever built. Public since June 2026 — the largest IPO in history.

Why it matters: The gravity well at the center of the industry — every other space company either rides on SpaceX, competes with it, or both.

Outlook: IPO’d June 2026 at $135/share (~$75B raised, ~$1.8T valuation) and has traded volatilely since as the market digests Starship cadence and Starlink growth — 2025 revenue was $18.7B with ~$37B expected for 2026.

market cap $1.63T · revenue $25B (research snapshot; the live map shows current data)

RKLB — Rocket Lab

The clear #2 in launch: Electron for small payloads, Neutron coming for medium-lift, plus a fast-growing satellite components and spacecraft business.

Why it matters: The only publicly traded pure-play with a working orbital rocket — the retail investor’s SpaceX proxy.

Outlook: Neutron’s debut dominates the story while Electron flies at record cadence; revenue growing ~64% YoY on launch plus the fast-scaling satellite-systems business.

market cap $42B · revenue $700M (research snapshot; the live map shows current data)

The Constellations

Satellite fleets selling connectivity and imagery

ASTS — AST SpaceMobile

Building satellites that connect directly to ordinary phones — no dish, no special hardware — with AT&T, Verizon, and Vodafone as partners.

market cap $22B · revenue $100M (research snapshot; the live map shows current data)

PL — Planet Labs

Operates hundreds of imaging satellites photographing the entire Earth daily — selling the pictures to governments, agriculture, and AI.

market cap $8B · revenue $300M (research snapshot; the live map shows current data)

Moon & Infrastructure

Landers, components, and the lunar economy

LUNR — Intuitive Machines

First private company to soft-land on the Moon — flying NASA cargo missions and building lunar communications infrastructure.

market cap $2B · revenue $300M (research snapshot; the live map shows current data)

RDW — Redwire

Space infrastructure roll-up: solar arrays, camera systems, and components that fly on other people’s spacecraft.

market cap $2B · revenue $400M (research snapshot; the live map shows current data)

The Customers

Who actually pays for space

Governments

NASA and the Pentagon — still the anchor customers for launch, lunar missions, and national-security satellites.

Consumers

Starlink households and, soon, ordinary phones connecting through carrier deals — space revenue finally coming from regular people.

Relationships on the map

  • SpaceX supplies AST SpaceMobile — Launch services (~$500M/yr)
    AST’s giant BlueBird satellites ride to orbit on Falcon 9 — even while Starlink competes with them.
  • SpaceX supplies Intuitive Machines — Falcon 9 rides
    Intuitive Machines’ lunar landers launch on Falcon 9.
  • Rocket Lab supplies Planet Labs — Electron launches
    Planet has flown imaging satellites on Rocket Lab’s Electron.
  • Redwire supplies Intuitive Machines — Spacecraft components
    Redwire-class components — solar arrays, cameras — fly on landers like Intuitive Machines’.
  • SpaceX competes with Rocket Lab — Launch market
    Neutron is aimed squarely at Falcon 9’s medium-lift monopoly.
  • AST SpaceMobile competes with SpaceX — Direct-to-cell
    AST’s phone-native broadband races Starlink’s direct-to-cell service for the same spectrum deals.
  • SpaceX supplies Consumers — Starlink broadband (~$12B/yr)
    Starlink subscriptions are now the majority of SpaceX revenue — consumers, not NASA, fund Starship.
  • SpaceX supplies Governments — NASA & Space Force launches (~$5B/yr)
    Falcon and Dragon fly the government’s crews, cargo, and national-security payloads.
  • Rocket Lab supplies Governments — Launch & space systems (~$600M/yr)
    Government and defense work anchors Rocket Lab’s launch and satellite-components backlog.
  • Intuitive Machines supplies Governments — NASA lunar missions (~$300M/yr)
    NASA’s commercial lunar program is effectively Intuitive Machines’ revenue base.
  • AST SpaceMobile supplies Consumers — Direct-to-phone (via carriers) (~$200M/yr)
    AST reaches consumers through AT&T and Verizon — the carriers sell it, the satellites deliver it.