The hype also took its toll on other space-related stocks, which ran up into the IPO then fell off a cliff on Friday. Shares of launch-services provider Rocket Lab closed down 10.8%, while AST SpaceMobile, which is building a communications satellite constellation, fell 15.5%. Other space stocks, such as Firefly Aerospace, Intuitive Machines, Voyager Technologies, and Redwire, dropped 11% to 19%.
About The Author
