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US Aerospace Stocks Drop Further After SpaceX IPO; Intuitive Machines Down 16%

2026-06-12 16:01

According to data from Odaily, citing MSX.COM, US aerospace stocks have declined further following the SpaceX IPO. Intuitive Machines fell by 16%, Planet Labs dropped 11.9%, Rocket Lab declined 12.5%, Satellogic fell 15.7%, Virgin Galactic plunged 34.3%, and Redwire dropped 12.5%.