Space stocks are experiencing a sharper decline than the broader tech sector, with SpaceX, AST SpaceMobile, and Rocket Lab shares falling 6%, 6%, and 5% respectively. This drop follows a recent rally after SpaceX reported its first profitable quarter, driven by its growing AI computing division. Despite the profit, concerns about rising spending on AI computing capacity have sparked investor caution. The selloff reflects a broader risk-off sentiment hitting high-volatility stocks, especially in the space sector, where growth stories are strong but costs and profitability remain uncertain.
SpaceX shares are down 5.81% at USD 150.03 on Pluang as of Oct 22, 2026 23:12 WIB, with a market cap of $2.16T and a typical hold time of 44 days. AST SpaceMobile also fell 5.11% to USD 38.81, where 68% of Pluang orders are selling. Rocket Lab trades at USD 51.45, down 4.11%, with a 31-day typical hold time. These declines on Pluang echo the broader tech selloff hitting high-flying space stocks noted in the news.
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