Rocket Lab and other space sector stocks are surging as investors seek exposure ahead of a potential SpaceX IPO.

SpaceX is reportedly targeting a valuation between $1.75 trillion and $2 trillion.

This valuation would represent the largest stock market debut in history.

Rocket Lab (RKLB) shares have gained 57 percent since March 25.

The potential listing is prompting investors to re-evaluate publicly traded proxies like Rocket Lab.