Space Stocks Plunge as SpaceX's Historic Market Debut Triggers Profit-Taking
#Space-related equities suffered a sharp pullback as investors executed a "sell-the-news" profit-taking wave following SpaceX's initial public offering.
#AST SpaceMobile plummeted 15.53% to close at $82.41 on massive volume, while BlackSky Technology fell 9.87% to close at $32.42.
#The selloff indicates capital rotating out of proxy space stocks and directly into the newly public rocket giant.