Space stocks rise after report of SpaceX IPO plans

Shares of U.S. space companies rise premarket after The Information reports SpaceX is aiming to file its IPO prospectus with regulators later this week or next week

Report states SpaceX could try to raise more than $75 billion in the IPO

Sidus Space SIDU.O climbs 2.5%, Rocket Lab RKLB.O adds 3.6%, AST SpaceMobile ASTS.O up 3.3% and Satellogic SATL.O rises 4.5%

Virgin Galactic SPCE.N up 1.9%, Planet Labs PL.N gains 3% and Intuitive Machines LUNR.O climbs 4.8%

Telecoms company EchoStar SATS.O, which owns SpaceX stock, rises 6.5% and Destiny Tech100 DXYZ.N - a fund that invests in privately owned technology heavyweights - surges 19.3%

Procure Space ETF UFO.O and ARK Space & Defense Innovation ETF ARKX.Z climb more than 2% each in low volumes