SpaceX's shares rose after a strong Q3 report and merger discussions with Tesla, but six related space stocks have declined since April. These companies, including AST SpaceMobile, Intuitive Machines, BlackSky, Redwire, Planet Labs, and Rocket Lab, missed revenue or profit expectations or remain unprofitable despite some growth. Rocket Lab, with a record backlog and revenue, is closest to profitability, hinging on the success of its Neutron rocket test flight. The sector's recovery depends on turning backlog into profits and timely hardware launches, unlike SpaceX's diversified business and AI exposure driving its gains.
While SpaceX shares trade at USD 152.23, down 4.43% as of Oct 22, 2026 20:31 WIB, other space stocks on Pluang show even steeper declines. AST SpaceMobile is priced at USD 39.22 with a 4.11% drop, and Intuitive Machines trades at USD 10.56, closer to its 52-week low of USD 8.05, down 3.21%. These figures highlight the contrast between SpaceX's market cap of $2.16T and the smaller valuations and recent sell pressure on its sector peers.
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