I'm using a cheap telescoping mirror as the bulk of the stand. When the mirror and the clip are removed, the rod itself is a great telescoping tube with a rotatable, bendable top.
After putting some washers on the bottom and a rare earth magnet on top, the mirror is now a telescoping stand. I made several of these.Because of the magnets on top, I can put any spaceship miniatures with matching magnets on the bottom onto these stands. Here, you can see the Orion frigate I painted a long time ago in various positions - tilted down 30 degrees, completely vertical, and upside down.
I'm also planning on making some smaller stands for missile and fighter markers. I'll start with these smaller dollar-store magnetic pickup tools. Coming soon...