Yesterday, the most eye-catching sector in the market was probably the space economy sector, which was undergoing adjustments while the space economy continued to rise. The logical realization discussed in early April is that the 25 year space economy has achieved technological breakthroughs and laid the foundation for infrastructure (launch frequency, constellation deployment), while 26 years will be a year of verification for the "differentiation of strength and weakness, and the initial establishment of the pattern". The space economy no longer relies solely on government contracts, but forms a self circulation: low-cost launches → massive satellites → rich data/services → new business models (such as space data centers, zero gravity manufacturing) → more investment and applications. And in early May, RKLB used a very excellent financial report https://(x.com)/qinbafrank/status/2052759972669424085? S=46&t=k6rimWSEbo2D2TXolYcM-A confirms that the business is booming. SpaceX is going to disclose its IPO documents this week, and the space economy will be a highly anticipated sector for the next one or two months. And the attention is clearly spreading from the top to the second tier.