Space stocks slump as blistering rally cools after SpaceX market debut (opens original article in a new tab)

U.S. space stocks declined after SpaceX's market debut, with several companies experiencing significant drops in share prices. Analysts attribute the slump to profit-taking and investors reallocating capital towards SpaceX.

• U.S. space stocks tumbled on Friday after SpaceX's market debut
• Shares of Rocket Lab, Planet Labs, and Virgin Galactic fell significantly
• Analysts suggest profit-taking and capital recycling as reasons for the slump