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SpaceX, AST SpaceMobile, and Rocket Lab Shares Fall as Market Wary of Donald Trump's 1,000-Launch Mandate
SpaceX stock fell 3% to $133.48, AST SpaceMobile dropped 3% to $66.85, and Rocket Lab declined 2% to $71.22. This followed President Donald Trump signing a memorandum last Thursday, directing federal agencies to achieve at least 1,000 launches and reentries annually by 2030, significantly higher than last year's 178. However, market optimism for this policy was outweighed by concerns about execution risks, with the 2030 target deemed too distant to serve as a near-term catalyst.
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