Key Highlights
- On April 1, 2026, NASA successfully launched Artemis II, initiating a 10-day lunar flyby mission with four crew members
- The mission will cover approximately 700,000 miles, setting a new distance record for human spaceflight
- Public space companies including Redwire and Rocket Lab experienced stock gains of up to 9% post-launch
- SpaceX’s valuation has reached $1.3 trillion, with reports of a potential IPO raising as much as $75 billion
- The Artemis IV mission, scheduled for 2028, aims to achieve the first lunar landing in over five decades
On the evening of April 1, 2026, at approximately 6:35 p.m. Eastern time, NASA’s Artemis II mission successfully launched from Kennedy Space Center located in Cape Canaveral, Florida. The mission crew consists of four astronauts: Reid Wiseman, Victor Glover, Christina Koch, and Canada’s Jeremy Hansen. They’re traveling aboard the Orion spacecraft, which sits atop NASA’s powerful Space Launch System rocket.
Standing at approximately 320 feet in height, the rocket is marginally shorter than SpaceX’s Starship vehicle. The launch attracted over 900,000 viewers who tuned into the live broadcast.
Currently, the crew is conducting system checks while in Earth orbit. According to the mission timeline, the spacecraft is scheduled to begin its lunar trajectory on Thursday, executing a complete circumnavigation of the Moon before beginning the journey home.
This represents the inaugural crewed Artemis mission and marks humanity’s first venture beyond Earth’s orbit since the Apollo 17 mission concluded in 1972. The previous distance milestone was achieved by Apollo 13 in 1970, reaching approximately 248,000 miles from Earth. This mission is projected to exceed that benchmark.
The Orion capsule was manufactured through a collaboration between Lockheed Martin and Airbus. Boeing and Northrop Grumman contributed components for the SLS rocket system. Additional spacecraft systems were provided by Honeywell and L3Harris Technologies.
Redwire, a company that provides imaging and navigation technology deployed on this mission, experienced a 7% stock increase on the day of launch. For context, the S&P 500 index rose 0.7% during the same trading session.
Rocket Lab, along with AST SpaceMobile, Intuitive Machines, Firefly Aerospace, York Space Systems, and Redwire, all posted gains ranging from 1% to 9%. These six companies collectively represent a market capitalization exceeding $80 billion.
Launch Success Energizes Space Sector Equities
The successful launch served as a catalyst, reminding market participants of the expanding space economy. The six smaller publicly traded space firms command a combined market capitalization above $80 billion, representing approximately 23 times their projected 2026 revenues. Industry analysts anticipate these companies will roughly double their sales figures year-over-year in 2026.
SpaceX, which remains privately owned, currently carries a valuation of approximately $1.3 trillion. According to industry sources, the company is considering a public offering that could generate up to $75 billion in capital. SpaceX dominates the global launch market, accounting for more than half of all orbital missions worldwide. Its Starlink satellite internet service now serves over 10 million customers through a constellation of more than 10,000 satellites.
NASA’s investment in the SLS rocket program has exceeded $30 billion, with an additional $25 billion allocated to Orion spacecraft development. By comparison, SpaceX has raised approximately $12 billion throughout its entire corporate history to develop comparable launch capabilities.
Future Artemis Missions on the Horizon
NASA Administrator Jared Isaacman characterized the launch as the beginning of an ambitious campaign designed to establish a sustained human presence on the lunar surface. The Artemis III mission, originally planned as the program’s first landing attempt, has been restructured to incorporate an additional test flight before astronauts descend to the Moon.
Artemis IV is presently scheduled for 2028 and would deliver astronauts to the Moon’s South Pole region — positioning the United States to land before China’s competing crewed lunar mission, which is expected no sooner than 2030.
During a national address, President Donald Trump acknowledged the launch, stating: “They are on their way and God bless them, these are brave people.”


