Commercial space concept stocks saw broad gains today. As of the latest update, LENS (06613) rose 6.54% to HK$21.5; DRINDA (02865) increased 4.15% to HK$40.12; APT SATELLITE (01045) climbed 2.81% to HK$3.29; and GOLDWIND (02208) advanced 1.89% to HK$14.58.

The rally follows reports that SpaceX is scheduled to complete its initial public offering on June 12, targeting a fundraising scale of $80 billion with an expected initial valuation of approximately $2 trillion. Market expectations suggest this IPO could significantly influence the valuation benchmarks within China's commercial aerospace sector. Additionally, SpaceX's Starlink service surpassing ten million users and its strategic focus on AI satellite constellations further reinforce the industrial logic behind satellite internet and the space economy.

Analysis indicates that China possesses a complete industrial chain for rockets and satellites, with clear pathways for commercial aerospace collaboration. As reusable rocket technology matures and launch costs are optimized, the industry is poised for rapid growth driven by demand for constellation deployment and the exploration of consumer end-markets. Companies across the upstream and downstream supply chain are expected to benefit broadly. The recent catalyst from SpaceX's listing plans continues to provide positive momentum for the commercial space sector.