US Stock Market Move | Space concept stocks are all rising, with the "SpaceX Concept Fund" Destiny Tech100 (DXYZ.US) surging over 23%.

23:10 25/03/2026

On Wednesday, space concept stocks all rose.

On Wednesday, space concept stocks were all up, with "SpaceX concept fund" Destiny Tech100 (DXYZ.US) skyrocketing over 23%, Intuitive Machines (LUNR.US) up over 18%, Rocket Lab (RKLB.US), AST SpaceMobile (ASTS.US) up over 11%, and EchoStar Corporation Class A (SATS.US) up over 10%. On the news side, according to sources familiar with the matter, SpaceX plans to submit its initial public offering (IPO) prospectus to regulatory agencies later this week or next week. This secretive submission will officially finalize the IPO plan of this commercial space giant under Elon Musk, with the goal of listing in June. The source said that advisors involved in the preparations expect SpaceX to raise over $75 billion in the IPO, higher than the previous reported $50 billion. The company's latest valuation is $1.25 trillion (lower than the previously reported $1.75 trillion).

CHARMACY PHAR (02289): Wong Wai Ling resigns as Joint Company Secretary.

SWANGCHAICHUAN (02321) announced its annual performance, with a net profit of 33.238 million ringgit, an increase of 18.44% year-on-year.

SUNWAY INT'L (00058) announces annual financial results, with a net loss attributable to shareholders of HK$40.208 million, a decrease of 28.36% year-on-year.

CHARMACY PHAR (02289): Wong Wai Ling resigns as Joint Company Secretary.

SWANGCHAICHUAN (02321) announced its annual performance, with a net profit of 33.238 million ringgit, an increase of 18.44% year-on-year.

SUNWAY INT'L (00058) announces annual financial results, with a net loss attributable to shareholders of HK$40.208 million, a decrease of 28.36% year-on-year.