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Space stocks go into orbit as Musk mega IPO nears lift-off

Published by Global Banking & Finance Review

Posted on May 21, 2026

1 min read

· Last updated: May 21, 2026

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European Space Stocks Climb as SpaceX IPO Sparks Investor Excitement

Impact of SpaceX IPO Filing on European Space Stocks

Market Reaction and Stock Performance

May 21 (Reuters) - European space stocks surged on Thursday, buoyed by investor excitement after Elon Musk's SpaceX filed for a stock market listing, lifting sentiment across the sector.

Key Gainers in the European Space Sector

Shares in French satellite operator Eutelsat jumped 10% in early trading, while German satellite maker OHB rose 12% and Luxembourg's SES gained 3.5%.

Week-to-Date Performance and Investor Sentiment

Eutelsat and OHB have risen 20% and 32%, respectively, this week. SpaceX's initial public offering (IPO) filing on Wednesday is driving positive sentiment for European satellite stocks, one trader told Reuters.

Reporting and Editorial Credits

(Reporting by Gianluca Lo Nostro and Danilo Masoni; Editing by Matt Scuffham)

Key Takeaways

  • SpaceX officially filed for IPO on May 20, planning a Nasdaq listing under ticker SPCX with pricing as early as June 11 and debut around June 12; valuation targets reach ~$1.75 trillion, potentially raising ~$75 billion
  • Eutelsat, OHB and SES stocks rallied sharply on May 21, lifted by investor optimism from SpaceX’s IPO filing; Eutelsat +10%, OHB +12%, SES +3.5%, with weekly gains for Eutelsat and OHB at ~20% and ~32% respectively
  • OHB is also pursuing a €1 billion re‑IPO to boost free float amid strong sector demand, while SpaceX’s IPO marks a watershed moment that could ignite further space‑technology listings

Frequently Asked Questions

Why did European space stocks surge on May 21?
European space stocks surged due to investor excitement after SpaceX filed for a stock market listing.
Which European satellite companies saw stock price increases?
Shares of Eutelsat, OHB, and SES saw significant increases following the SpaceX IPO news.
How much did Eutelsat and OHB stocks rise this week?
Eutelsat rose 20% and OHB climbed 32% this week.
What triggered the positive sentiment for satellite stocks?
The filing of SpaceX's IPO triggered positive sentiment for satellite stocks across Europe.
What is the expected impact of SpaceX’s IPO on the finance sector?
SpaceX’s IPO is expected to boost investor confidence and drive investments in related space stocks.

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