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STOCK MARKETS

Rocket and satellite stocks surge

Rocket and satellite stocks surge premarket after SpaceX IPO filing. Redwire, MDA Space, Firefly Aerospace lead gains. Stay updated with Bond.az.

Henry Walker
ByHenry Walker- Senior Editor
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Rocket and satellite stocks surge
Photo: Prepared by Bond.az

Bond.az -- Shares in rocket and satellite companies are climbing in premarket trading Tuesday, building on recent momentum in the sector.

The gains follow SpaceX’s public filing for what is expected to be the largest-ever initial public offering.

Redwire is up 15% in premarket trading, while MDA Space has risen 13%. Firefly Aerospace has gained 11%, and Intuitive Machines is up 8.6%.

AST SpaceMobile has advanced 6.4%, and York Space Systems and Voyager Technologies have each climbed 7.5%. Satellogic is up 5.2%, and EchoStar has increased 4.2%.

The sector has been advancing since SpaceX filed for its IPO.

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