SpaceX (SPCX) and AST ******* eMobile (ASTS) each fell 3% as markets sold Trump's 1,000-launch-by-2030 memo, pricing execution risk over policy optimism.
The Procure ******* e ETF (UFO) slipped just 0.4% while pure-play names sold off, showing broader satellite and defense holdings are cushioning the sector.
CFO Adam Spice said one Neutron test launch would flip Rocket Lab to positive EBITDA, but CEO Beck warned the year-end window is narrowing.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Rocket Lab didn't make the cut. Grab the names FREE today.
SpaceX (NASDAQ:SPCX) stock is down 3% to $133.48 in early Monday trading, extending a slide that has surprised bulls counting on federal launch policy to lift the group. The pullback comes even as President Trump signed a memo directing agencies to target at least 1,000 launches and re-entries annually by 2030.
#spacemobile
The Procure ******* e ETF (UFO) slipped just 0.4% while pure-play names sold off, showing broader satellite and defense holdings are cushioning the sector.
CFO Adam Spice said one Neutron test launch would flip Rocket Lab to positive EBITDA, but CEO Beck warned the year-end window is narrowing.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Rocket Lab didn't make the cut. Grab the names FREE today.
SpaceX (NASDAQ:SPCX) stock is down 3% to $133.48 in early Monday trading, extending a slide that has surprised bulls counting on federal launch policy to lift the group. The pullback comes even as President Trump signed a memo directing agencies to target at least 1,000 launches and re-entries annually by 2030.
#spacemobile
2 months ago
