SpaceX and AST SpaceMobile Fall 5%, Rocket Lab Sheds 4% as China Rocket Milestone and Oil Spike Hit Space Stocks

SpaceX shares (NASDAQ:SPCX) fell 5% to a fresh record low of $138.58, trading below the $150 debut price and far under the $225 peak on June 16. The move suggests deteriorating investor sentiment, though the article provides no new company fundamentals or catalysts.

Analysis

SpaceX shares (NASDAQ:SPCX) fell 5% to a fresh record low of $138.58, trading below the $150 debut price and far under the $225 peak on June 16. The move suggests deteriorating investor sentiment, though the article provides no new company fundamentals or catalysts.