tech
SpaceX just went public. This analyst thinks these related stocks are worth buying
Clear Street designated related stocks in its coverage universe as either competitors or complementary plays to SpaceX.
TL;DR
- Clear Street has identified companies that are either direct competitors or complementary to SpaceX.
- Intuitive Machines is seen as a complementary play, benefiting from the growth of the lunar economy and SpaceX's attention to cislunar ambitions.
- Planet Labs is considered a complementary data company, with potential for sector-wide enthusiasm from SpaceX's IPO.
- Rocket Lab is viewed as the closest public pure-play competitor to SpaceX, expected to benefit from institutional investor interest and overflow demand.
- AST SpaceMobile is identified as a direct competitor to Starlink, with potential to benefit from mobile network operators seeking a direct-to-device hedge.