What Happened
Launch Stocks Slip As Investors Price Execution Risk Over Policy Optimism
Despite President Trump’s memo directing federal agencies to target at least 1,000 launches and re-entries annually by 2030, SpaceX stock fell 3% to $133.48 in early Monday trading. AST SpaceMobile and Rocket Lab also saw declines, with the Procure Space ETF slipping just 0.4%. The market appears to be pricing execution schedule over demand, with Rocket Lab’s Neutron test launch timing being a key factor. This was reported by 24/7 Wall St.