SpaceX, the space and satellite giant, is planning to go public this year after merging with Elon Musk’s AI company xAI. The company is aiming for a $1.5 trillion valuation for its upcoming IPO. Investors can gain exposure to SpaceX through EchoStar (NASDAQ: SATS), which has acquired $11.1 billion in SpaceX stock. EchoStar’s value is now mostly tied to SpaceX, accounting for roughly 62.5% of its current value. With EchoStar’s net cash and additional spectrum, investors could be getting a discounted price on SpaceX. Before buying EchoStar stock, consider other top stocks recommended by The Motley Fool Stock Advisor team.

Read more at Nasdaq: A SpaceX IPO Is Coming, but You Don’t Have to Wait. Here’s How Retail Investors Can Buy SpaceX Shares Right Now.