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Space Stocks Surge on SpaceX S-1 Filing; Momentus Jumps 109% on June 12 Nasdaq Listing Outlook

GateNews

2026-05-27 05:49:59

ASTS8.42%

BAC-1.72%

According to BlockBeats, on May 27, space and satellite stocks surged following SpaceX's S-1 filing submission and Nasdaq listing expectations for June 12. Momentus jumped over 109%, Redwire rose 26%, AST SpaceMobile gained 13%, and Firefly Aerospace climbed 19%. SpaceX is reportedly seeking a valuation of approximately $1.75 trillion to $2 trillion for the listing, driving commercial aerospace sector revaluation. Bank of America's space sector equity basket has gained about 61% year-to-date, while the space-focused ETF UFO has climbed approximately 70%.

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