According to MSX.COM data, after SpaceX's listing, Intuitive Machines fell 16%, Planet Labs fell 11.9%, Rocket Lab fell 12.5%, Satellogic fell 15.7%, Virgin Galactic fell 34.3%, and Redwire fell 12.5%.
Multiple U.S. aerospace stocks fall following SpaceX IPO
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Summary
Crypto news outlets report that several U.S. aerospace stocks declined following SpaceX’s IPO. Intuitive Machines fell 16%, Planet Labs 11.9%, Rocket Lab 12.5%, Satellogic 15.7%, Virgin Galactic 34.3%, and Redwire 12.5%. The move reflects investors shifting focus toward emerging opportunities in the space and crypto sectors.
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