(For the people from many countries who follow me, here is the English version of the post below.)
WHILE EVERYONE IS CHASING SPACEX STOCK, SMART MONEY IS ACCUMULATING THE ROCKET FUELERS!
While Elon Musk conquers the skies and orbits, there is a hidden space empire in the stock market experiencing hyper-growth under the radar. SpaceX does not fly alone. The massive supply chain behind it is fueling the growth engines of publicly traded companies. (Just look at their 1-year returns)
Here are the hidden giants multiplying their revenues as Musk cranks up the gears:
Linde Plc ($LIN): One of the most critical background players in the SpaceX ecosystem. It is the primary supplier of industrial gases like liquid oxygen and liquid nitrogen used in rocket launches. According to Morningstar analysis, Linde directly supports roughly 70% of SpaceX launches and has established dedicated facilities near launch sites for Starship operations.
Moog Inc. ($MOG.A): Producing precision control systems for the aerospace and defense industries, Moog provides critical electromechanical components for satellites and spacecraft. It is among the suppliers benefiting directly from SpaceX's increasing launch volume.
Intel ($INTC): Acts as a technology partner in Elon Musk’s ecosystem (Tesla and SpaceX), collaborating on advanced semiconductor architectures and co-production initiatives like Terafab.
Alphabet Inc. ($GOOGL): Google’s parent company, Alphabet, not only provides cloud data infrastructure to SpaceX but also made an early-stage investment of $900 million in the company back in 2015.
Kratos Defense & Security Solutions ($KTOS): Providing satellite ground systems architecture (OpenSpace) both directly and indirectly, this company is one of the background actors benefiting the most from the commercial growth of Starlink and similar massive satellite constellations.
Carpenter Technology Corp. ($CRS): This 135-year-old metal company is one of SpaceX's most vital suppliers. It supplies the specialized aerospace alloys and stainless steel derivatives used in Starship rockets and Raptor engines to withstand extreme temperatures and pressure.
Materion Corp. ($MTRN): Produces beryllium alloys, advanced coating materials, and optical components that are critical for the space industry. These high-performance materials are heavily utilized in SpaceX's satellite systems and launch vehicles.
Hexcel Corporation ($HXL): Supplies carbon fiber and advanced composite materials to aerospace giants, which are essential for making rockets lightweight yet durable.
STMicroelectronics ($STM): This Geneva-based semiconductor giant has been working with SpaceX for nearly a decade. The radio frequency (RF) antenna chips, microcontrollers, and security elements inside the millions of Starlink terminals (satellite dishes) on rooftops are largely manufactured by STM.
Broadcom Inc. ($AVGO): Supplies specialized networking chips and switching hardware that enable high-speed data communication for Starlink satellites' ground stations and global network infrastructure.
Trimble Inc. ($TRMB): Offers advanced positioning technologies and software for millimeter-precision positioning of SpaceX vehicles, autonomous rocket landings, and orbit tracking of Starlink satellites.
Garmin Ltd. ($GRMN): Manufacturing aviation-grade navigation systems, sensors, and flight deck components, the company plays a key role in commercial spaceflights and capsule integrations.
EchoStar / Dish Network ($SATS): A highly critical partner for the realization of Starlink's direct-to-cell satellite internet project. SpaceX signed a multi-billion-dollar frequency band agreement with EchoStar and provided SpaceX shares in return.
