SpaceX is planning what could be the largest IPO in history this June at a $1.75 trillion valuation. This is creating some movement in other publicly traded space companies as the sector gets more attention. A few smaller space stocks reported recent updates. Starfighters Space (FJET) signed an agreement to provide parabolic test flights for NASA to help rebuild US microgravity capabilities. They are adding a modified Falcon 50 jet to their existing fleet. Other companies in the sector also reported Q1 earnings. M-tron (MPTI) saw revenue grow 15% to $14.7 million. Sidus Space (SIDU) increased revenue by 51% and paid off their term debt. Telesat (TSAT) brought in CAD$87 million while moving forward with their Lightspeed satellite program. Momentus (MNTS) grew their service revenue to $3.2 million, up from $300k last year. The space sector is seeing more government contracts and general activity right now. It might be worth watching how these smaller caps react when SpaceX actually lists.