MaiTong Select — Performance of all 39 newly listed stocks in Q1: only 1 stock declined, while the other 38 stocks rose. SpaceX is about to file for an IPO , sending space concept stocks soaring. SpaceX has acquired Musk's xAI. After the merger, the company's overall valuation is $1.25 trillion. The space sector, which includes defense-related companies, is benefiting from: - SpaceX's IPO expectations - Trump's proposed 'Golden Dome' defense system plan - The surging demand for AI infrastructure Rapid expansion of data centers to support AI is considered one of the reasons for rising electricity costs. Deploying data centers in space has been proposed as a solution, but faces numerous challenges, including high costs and limited rocket launch resources. MaiTong @MSX_CN Q1 new stocks cover all major market narratives from January, February, and March, including geopolitics, military-industrial complex, energy, strategic materials, AI infrastructure, and U.S. debt instruments.