Space stocks offer skyrocketing returns – even before that one big IPO
The impending IPO of SpaceX is drawing attention to the growing space economy, which is projected to expand significantly in the coming years. Canadian investors are encouraged to explore opportunities in the sector, particularly with government support for domestic companies. However, the space industry remains risky and uncertain, with many variables affecting potential success.
- ▪SpaceX's prospectus claims a total addressable market of US$28.5-trillion.
- ▪The global space economy is expected to grow from US$630-billion in 2023 to US$1.8-trillion by 2035.
- ▪MDA Space Ltd. recently raised over US$340-million in an IPO and has a significant backlog and pipeline of opportunities.
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Open this photo in gallery:A SpaceX Falcon 9 rocket carrying a payload of Starlink v2-mini satellites lifts off at the U.S. Space Force Station in Cape Canaveral, Fla., in June, 2025.Steve Nesius/ReutersShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountFor Canadians thinking about new frontiers of investing, the impending IPO of SpaceX might suggest that the sky is no longer the limit.SpaceX’s numbers have raised eyebrows – the prospectus touted what it called “the largest actionable total addressable market in human history,” of US$28.5-trillion – but analysts acknowledge that the space sector has significant room to grow. The World Economic Forum and McKinsey & Co.
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