Following the SpaceX IPO, the proxy stocks that had rallied sharply into the listing saw an unsurprising wave of profit-taking. But space remains a multi-year theme, and this correction may offer attractive entry points for longer-term investors. Pure-play and high-beta space stocks have declined -29.5% over the past month, but two names have now triggered buy signals after posting strong moves in recent days, a pattern that has historically preceded further upside.

Our trading signals have flagged two space stocks where, if history is any guide, the projected upside is roughly +30% over the next month based on historical returns following these patterns. This aligns with our regression analysis, which suggests the broader space economy trades at a 20% discount to SpaceX.

Today's report covers:

(1) both signals and the historical returns generated once they were triggered. We also attach our

(2) consolidated space economy report, which maps the most important space stocks across nine categories, along with our updated

(3) tradeable setups chart book. After the recent consolidation, several interesting chart formations have emerged.

Together, these three resources, part reference guide, part decision-making tool, provide an updated overview of the space economy and a framework for navigating its opportunities.

SpaceX from private to public markets