print-icon
print-icon

The Space Race Is On

Portfolio Armor's Photo
by Portfolio Armor
Friday, Jun 12, 2026 - 10:20

A space race

The Space Race Is On

SpaceX is public now, and that’s a big moment.

But the best time to bet on the space trade wasn’t this morning. It was last year. 

Why Didn't You Tell Us That Last Year? 

We did, for example, in this trade alert. 

We told you again in this alert in February. 

And in this one a couple weeks later. 

We also told you how our space names jumped after SpaceX filed its S-1 last month.

Why The SpaceX IPO Still Matters

That doesn’t mean the opportunity is gone.

If anything, the SpaceX IPO may broaden it.

SpaceX going public is validation. It forces a much larger pool of investors to start thinking seriously about launch, orbital infrastructure, satellite constellations, spectrum, defense applications, and the companies supplying that ecosystem.

And when that process starts, the capital rarely stays confined to the headline name.

It spills into adjacent names. It spills into infrastructure plays. It spills into suppliers. And it often spills into smaller public companies that can move a lot more than the flagship name itself.

That’s one reason we’ve had more interest in trading around SpaceX than in rushing to buy SpaceX itself.

The Second-Best Time May Be Now

There’s another reason the setup is interesting here.

This week’s momentum correction hit a lot of high-beta names hard, including one space-related stock we’ve traded before. It pulled back sharply during the selloff, and now looks poised for a strong rally if the space trade keeps gathering momentum in the wake of the IPO.

So yes, the best time to bet on the space trade may have been last year.

The second-best time may be now.

Not in SpaceX itself, but in another public name with real exposure to the same broader theme.

What We’re Doing About It

We’ve got a new trade teed up on that name for later today.

The playbook is the same one we’ve used before: find a name with real thematic exposure, catch it after a sharp pullback instead of after a euphoric spike, and use options to give us a shot at outsized upside while limiting our risk. 

If you want a heads up when we place that trade later today, you can subscribe to our trading Substack/occasional email list below.

Midday Update

Our trade alert just went out: 

 

Contributor posts published on Zero Hedge do not necessarily represent the views and opinions of Zero Hedge, and are not selected, edited or screened by Zero Hedge editors.
0
Loading...