Rocket Lab, Intuitive Machines, ASTS, FLY Rally as U.S. Space Policy Shift Ignites Sector
U.S. space stocks rallied broadly, with sector sentiment heating up as policy support and industry catalysts converged, pushing several names to double-digit gains.
$Intuitive Machines(LUNR)$
On the policy front, President Donald Trump on Thursday signed an executive order titled “Ensuring U.S. Space Superiority,” calling for increased R&D investment and greater private-sector participation to strengthen America's leadership in space. The White House said the order would recalibrate U.S. space policy and elevate the role of commercial space within the national strategy. In deep-space exploration, the order reaffirmed plans under the Artemis program to return U.S. astronauts to the Moon by 2028 and to establish initial elements of a permanent lunar outpost by 2030, laying the groundwork for future Mars missions. The clearer policy roadmap has bolstered long-term order visibility and investment expectations for commercial space companies.
Beyond policy support, growing market chatter around a potential SpaceX IPO has emerged as a key catalyst driving a broader re-rating of the space sector. As the undisputed leader in commercial space, SpaceX is widely rumored to be targeting an IPO as early as 2026, with a potential valuation approaching the trillion-dollar level. That prospect has provided investors with a powerful valuation anchor, prompting renewed interest in the scarce publicly traded space assets and lifting sector-wide valuations.
Against this backdrop, Rocket Lab stood out as a core beneficiary of the rally. Shares jumped more than 14%, as improving sector sentiment combined with the company's continued execution to restore investor confidence. In recent weeks, Rocket Lab successfully completed a dedicated launch for the Japan Space Exploration Agency (JAXA) and delivered a mission for the U.S. Space Force ahead of schedule, further reinforcing its credibility with government and institutional customers.
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