Space Stocks Rise After SpaceX Reports Strong Revenue Growth
Shares of space companies rose after SpaceX reported surging revenue in the latest quarter and signaled stronger growth in the months ahead. Firefly Aerospace gained 4.2% to $16.99 in premarket trading.
Shares of space companies edged higher after SpaceX reported a sharp increase in revenue for the latest quarter and indicated that stronger growth could continue in the coming months, pointing to demand for commercial space infrastructure. Firefly Aerospace rose 4.2% to $16.99 in premarket trading on…