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✉news ScienceSpace Policy first seen 4 h ago, last 17 min ago, peak #4

Space Stocks Stabilize as Musk Backs NASA Moon Base

Original: SPCX, ASTS, RKLB Find A Floor After Brutal July: Elon Musk Says NASA’s Moon Base Vision ‘Will Happen’

Space-related stocks including SPCX, ASTS and RKLB found a floor after steep losses in July, as Elon Musk said NASA's vision of a Moon base 'will happen'. His endorsement of the lunar program is being read as a sign of confidence in the sector's long-term outlook, giving traders a reason to pause the recent sell-off.

Why now: Musk's public endorsement of NASA's Moon base plans is lifting sentiment in space stocks after a month of heavy losses.

Elon MuskNASAAST SpaceMobileRocket LabSpaceX

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