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2 Space Stocks Soaring as Musk-Trump Feud Intensifies
Schaeffers Investment Research·2025-06-10 02:16

The ongoing feud between SpaceX CEO Elon Musk and President Donald Trump is creating tailwinds for earth exploration (EO) competitors AST SpaceMobile Inc (NASDAQ:ASTS) and Rocket Lab USA Inc (NASDAQ:RKLB). Trump and Musk have been trading barbs on social media over a tax and spending bill, with Trump suggesting over the weekend he may cut Musk's government contracts, and Musk threatening to decommission SpaceX's Dragon spacecraft on X before reversing course.ASTS is up 14.1% to trade at $35.58 at last glanc ...