{
Andres Sheppard

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space stocks surge amid trump elon trade rally and positive market sentiment

Space stocks surged this week, with gains of up to 41% for companies like Rocket Lab and Intuitive Machines, fueled by a "Trump-Elon trade" rally and positive third-quarter results. Analysts highlight a shift towards newer space firms as legacy players decline, driven by lower costs and increased investor interest in the sector's growth potential. The incoming Trump administration's focus on space is expected to sustain this momentum, benefiting companies like Rocket Lab.
CNBC
EchoStar Corporation Redwire Corporation Rocket Lab USA, Inc. Viasat, Inc. SpaceX Spire Global, Inc. Intuitive Machines, Inc. AST SpaceMobile, Inc. Planet Labs PBC USA Andres Sheppard Andrew Chanin Donald Trump Peter Beck Elon Musk Show more
Technology & Innovation, Market Report
23:00 15.11.2024
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