On the eve of SpaceX's earnings report, aerospace concept stocks surged.

date
05/08/2026
On the eve of SpaceX, under Elon Musk, releasing its first quarterly report since going public, stocks related to rockets, satellites, and other aerospace concepts generally rose on Tuesday. Voyager Technologies, a space and defense company, performed the best after it raised its full-year revenue expectations, with its stock price increasing by 25%. Canadian aerospace firm MDA Space rose by 14% after Telesat announced the expansion of its Lightspeed low Earth orbit satellite constellation deployment, resulting in a 25% increase in Telesat's stock price. Intuitive Machines gained 7% after L3Harris chose the company to build a spacecraft platform. Satellite internet company AST SpaceMobile rose by 8.8%.