Space Stocks Jump Ahead of SpaceX Earnings

Tiger Newspress08-04 21:58

Shares of SpaceX and several space stocks are rising in early trading Tuesday as investors prepare to hear from Elon Musk.

SpaceX stock was up 3% shortly after the market opened.

Gains were also seen across the broader space sector. Telesat Corprose 14%; Momentus and Fundrise Innovation Fund rose 9%; AST SpaceMobile and Sidus Space rose 8%; Redwire rose 6%; Intuitive Machines and Rocket Lab rose 4%; Firefly Aerospace rose 3%.

Voyager Technologies stock was up 25% as investors cheered record quarterly earnings and raised guidance. Shares are up by roughly 38% from Monday's open.

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