Space stocks saw big gains this week in part due to 'Trump-Elon trade' rally, analysts say
ASTSAST SpaceMobile(ASTS) CNBC·2024-11-16 06:00

This past week saw several pure-play space stocks rally, with leaders up as much as 20% or more, in part driven by what sector analysts said is a "Trump-Elon trade," a nod to the relationship between President-elect Donald Trump and SpaceX CEO Elon Musk."I don't think anyone can underplay the potential catalyst that I don't think many people were talking about before: the most important human in the history of the space industry having the ear of the president-elect, who in his past term found space importa ...