Market News / Story
Space stocks fall as NASA delay, SpaceX financing weigh on sector
Seeking Alpha ·
Seeking Alpha reports: Shares of several space-industry companies fell Wednesday as investors reacted to a delay in a major NASA contracting program, reports of a $40 billion financing by SpaceX and rising Treasury yields that pressured growth stocks. Intuitive Machines , Firefly Aerospace and Planet Labs were among the stocks trading lower. Other space-related companies including Rocket Lab , Redwire and AST SpaceMobile also declined, pointing to broader weakness across the sector rather…