Firefly’s CEO Jason Kim reacts during the company's IPO at the Nasdaq MarketSite in New York City, U.S., August 7, 2025.
Space stocks skyrocketed Monday, building on last week's gains as investors celebrated a wave of boosted optimism for the sector.
Rocket maker Firefly Aerospace , which went public in August, rallied 13%, while Intuitive Machines surged about 7%.
Rocket Lab jumped 10%, building on a nearly 18% gain from Friday after announcing an $816 million satellite deal with the U.S. Space Development Agency.
Space stocks have rallied in recent weeks amid news that Musk's SpaceX is planning for an initial public offering next year and broader government interest in the sector.