MoneyShow Chart of the Day 5/27/26: SpaceX Hype Sends Space Stocks into Orbit

ASTS, RKLB, UFO (5-Day % Change)

Source: TradingView

I picked those names because one of the contributors to our MoneyShow 2026 Top Picks Report recommended ASTS, while another content partner just wrote about RKLB. ASTS is now the eighth-best performing pick in the 2026 report, with a gain of about 47% since publication.

As for UFO? How can you NOT include an ETF with a ticker like that in a piece about space-related stocks? It owns 53 space-related positions, including both of the stocks above as well as other names like Planet Labs PBC (PL) and ViaSat Inc. (VSAT).

So, do these gains – and the excitement over the “Space Economy” – have staying power?

Well, if SpaceX does raise $80 billion (or more) from investors, it’ll have even more capital to deploy to grow its operations. The federal government is also throwing more money at the US Space Force. Its budget should grow 78% to $71 billion in 2027. Valuations also tend to swell ANY time media attention in a niche group grows and more fast-money traders dive in.

But you should be wary of a potential “sell the news” reaction once the SpaceX offering happens. And as we’ve seen with other groups (think meme stocks), post-hype “splashdowns” can be painful once investor attention shifts to the next "shiny object" in markets. Be sure you know what you’re getting into if you’re chasing these names.

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Please note: This is syndicated content and reflects the author’s personal views. It does not represent the opinions of this publication or its affiliates. The article is for informational purposes only and does not constitute investment advice. Always consult a registered financial professional before making any investment decisions.