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Source:
Sky News
Space firm shares rise before SpaceX launch
Shares of aerospace sector companies, such as "Redwire," "AST SpaceMobile," and "Firefly Aerospace," rose as the market awaits the highly anticipated initial public offering of SpaceX, expected in June 2026. This comes amid growing interest in the "space economy" and increasing investments in the field. The Bank of America index and other firms posted strong gains, reflecting rising bets on the sector's growth and the beginning of a new phase of innovation and investment.
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