As the world gears up for Elon Musk's SpaceX IPO at a staggering $1.75 trillion valuation, a relatively lesser-known Indian company is emerging as an unlikely beneficiary thousands of miles away. INOX India, a global leader in cryogenic technology, has found itself in the spotlight as investors hunt for domestic companies with exposure to the rapidly expanding global space ecosystem.
The excitement around SpaceX's public listing has already spilt over into INOX India's stock. Shares of the company have surged 25% over the past month and have gained in seven of the last eight trading sessions.