In the past week, usa's space stocks rose, with gains reaching double digits, partly due to what industry analysts referred to as the 'Trump/Elon deal', which acknowledges the relationship between President-elect Trump and SpaceX CEO Elon Musk. Just last week,$Rocket Lab (RKLB.US)$rose by 41%,$Intuitive Machines (LUNR.US)$rose by 28%,$Spire Global (SPIR.US)$rose by 26%, $Planet Labs PBC (PL.US)$ Increased by 16%,$Redwire (RDW.US)$Increased by 15%,$AST SpaceMobile (ASTS.US)$Increased by 10%.

Andrew Chanin, CEO of ProcureAM, stated: “I think no one can underestimate the potential catalysts, and I believe many people have not talked about this before: the most important person in the space industry has received the attention of the elected president, and he found space so important during his previous term that he created a separate military branch.” The company operates a space exchange traded fund.$Procure Space Etf (UFO.US)$。

The growth of the aerospace sector in US stocks is somewhat driven by third-quarter performances and individual updates, such as Rocket Lab's progress on the Neutron project and Spire's sale of its maritime business to eliminate debt.

Andres Sheppard, an analyst at Cantor Fitzgerald, stated that the broader market sentiment has also contributed to the rise of these stocks. Sheppard rated Rocket Lab, Redwire, and Intuitive Machines as "buy". In an interview, Sheppard mentioned, "I believe that there will definitely be a risk-taking sentiment in this industry following Trump's victory."

From the perspective of this year to date, the best-performing aerospace stocks last week have already emerged from the stagnation of the post-SPAC era, with growth projected to triple or even quadruple in 2024.

Sheppard stated: "Aerospace stocks are among the best-performing sectors in the market this year. We have seen a significant increase in investors entering this sector. We have received calls and emails from institutional investors who are finally starting to realize that this market will only continue to accelerate in growth. It will only continue to diffuse due to national security, the Artemis program returning American astronauts to the Moon, and Elon’s ambitious Mars goals."

Sheppard emphasized that Elon Musk's SpaceX is privately held, which means investors are turning to other companies to access the space sector. Similarly, Chanin believes that SpaceX's dominance in rocket launches and satellite broadband actually helps companies with spacecraft to enter orbit, "They all benefit from the lower costs of entering space."

It is worth noting that there were also divergences in aerospace stocks last week. The stock prices of newly listed companies in recent years have risen, while$EchoStar (SATS.US)$And.$Viasat (VSAT.US)$As the stock prices of established 'traditional' companies decline, the drop last week exceeded 10%.

Alex King, CEO of Cestrian Capital Research, stated that this gap represents a change in the "gatekeepers" between generations of space companies. King said, "Demand for these traditional businesses is declining. What you're seeing in space is a slower evolution in the technology sector, whereas developments in technology are very rapid, and low cost is always the ultimate winner. I believe the market will determine which companies will remain and which will not."

Despite the substantial profits of top space companies this year so far, Sheppard believes the industry will not slow down anytime soon. Sheppard stated, "Overall sentiment has been very optimistic and will continue to be optimistic, despite the strong performance."

This is consistent with the views of the CEO of Rocket Lab, who stated during the company's third-quarter earnings call last week that he expects the incoming Trump administration to be 'very focused on space', which will maintain the momentum of the sector.

Editor/new