US Stocks Movement: Commercial Space Sector Surges, Rocket Lab Soars 11% to Record High
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Glonghui, May 18 — U.S. commercial aerospace stocks surged significantly, with Rocket Lab's share price jumping 11% to a record high; Intuitive Machines rose by 13%. According to reports, SpaceX will go public on June 12 and is expected to release its IPO prospectus next week. Its merger and listing with X AI is set to be the largest IPO in human history, valued at nearly $1.8 trillion, bringing significant overseas exposure. The IPO roadshow is expected to begin in June, possibly revealing new long-term goals for space development and boosting the industry's outlook.
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