Published Sep 5, 2026, 12:31 PM ET · Updated 2 months ago · 1 source

Space sector is bearish due to SpaceX's public tradability

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Original Report

The overall space sector is in a bearish state, with many rocket stocks like ASTS, PL, and RKLB experiencing substantial drops (over 50-60%) from their peaks, because SpaceX becoming publicly tradable has removed the need for investors to use other companies as proxies.