Space stocks surge on growing commercialization, investments

Space stocks Rocket Lab RKLB.O, Planet Labs PL.N, AST SpaceMobile ASTS.O and Globalstar GSAT.O jump between ~97% and ~389% this year

Rocket Lab was the world's second most frequent private rocket launch provider in 2025, trailing only Elon Musk's SpaceX

Planet Labs tied up with Alphabet's Google GOOGL.O to develop AI data center satellites to operate in orbit

AST SpaceMobile confirmed plans to launch 45 to 60 additional satellites by the end of 2026 to establish continuous commercial coverage for partners like AT&T T.N and Verizon VZ.N

SpaceX is expected to go public in 2026, raising more than $25 billion, potentially making it one of the biggest public listings globally

"Data centers in space could easily be $100 billion market in the next 3 years. Upside in rockets, satellites, but also connectivity" - Ivana Delevska, CIO at Spear Invest

The Procure Space ETF UFO.O is set to close ~68% higher this year, vastly outperforming the S&P 500 index's .SPX ~17% increase