Space Stocks Plunge 60%+ in Just Two Months
Image: Payload
Machine-written summary, checked against the sources below
Space stocks surged in the first half of the year, with many up over 100%, driven by SpaceX's IPO and valuation, the war in Iran, orbital-data-center hype, and a market pivot from software into hardware. Payload reports those gains reversed, with some space stocks plunging more than 60% within two months.
Space stocks did nothing but go vertical in the first half of the year (many were up well over 100%). Momentum was driven by SpaceX’s IPO and valuation, increased geopolitical conflict with the war in Iran, orbital-data-center hype, and a broader market pivot from software into hardware businesses. The post Space Stocks Plunge 60%+ in Just Two Months appeared first on Payload Pro. The post Space Stocks Plunge 60%+ in Just Two Months appeared first on Payload .
Summary by Payload