Space Stocks Rally Amid Policy Shifts and Lunar Ambitions
Space sector equities surged for the second consecutive week, fueled by political tailwinds and strategic contracts. Firefly Aerospace led gains with a 13% climb, while Intuitive Machines and Rocket Lab advanced 7% and 10% respectively. The latter's $816 million satellite deal with the U.S. Space Development Agency cemented its upward trajectory.
Policy catalysts dominated the narrative. The WHITE House's space superiority directive outlined plans for a permanent lunar base, reframing extraterrestrial infrastructure as a national priority. Meanwhile, NASA's leadership transition concluded as Jared Isaacman—Elon Musk's ally—secured Senate confirmation after a protracted nomination battle.