It appears SpaceX’s upcoming initial public offering (IPO) of publicly-traded stocks, now anticipated to raise as much as $75 billion for the company, has caused stock investors to also pour their money into a whole range of space stocks, causing them all to soar in value.

Initially, it was expected that the IPO could raise $50 billion for the company, but the latest report indicates it could raise as much as $75 billion, with a valuation as high as $1.75 trillion. The colossal figures being thrown around on Wednesday have garnered excitement among investors for other space stocks that are already publicly traded.

Here were the top gainers in the session:

• Firefly Aerospace: +19%
• Intuitive Machines: +11%
• AST SpaceMobile: +9%
• EchoStar Corporation: 9%
• Rocket Lab Corporation: +8%

The most recent indications suggest SpaceX will file the offering’s prospectus in the next week or so. If the predictions about it are correct, and SpaceX does raise $75 billion, it would then have on hand more than three times the cash that Congress normally budgets annually to NASA, with an ability to use that money far more effectively.

As I have been saying now for more than a year, the real space program for the United States is being run by SpaceX, not NASA. Expect SpaceX to outpace NASA in their parallel and complementary efforts to build a moonbase.