Recent rally in space stock likely just emotional backed as it's getting close to this June SpaceX IPO. So far among these space stock, almost all of them is yet to be profitable.
In short term, space stock will probably keep its rally on until SpaceX IPO out in June. But after that, all I see is a big crash of all space stocks. The hype will be over by then.
Current market facing one of the biggest issue is that huge chunk of money is going into AI,semiconductor and now, space. But almost all of them either just moving money between those few companies or simply zero or negative profit.
But in long term, I do believe space stock will definitely be the next big bang after this AI trend. Same as quantum computing, but now it just not their time. Yet.
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