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NASA awards $10 billion lunar logistics contracts, space stocks surge

Yahoo Finance +1 · ·by G4L

RKLB Rocket Lab Corp
$58.86 +10.91%
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SPCX +5.81%LUNR LUNR +15.00%VOYG VOYG +16.35%
  1. 1NASA selected eight companies on November 7 to carry out lunar logistics operations valued at $10 billion.
  2. 2The combined contract value for Intuitive Machines, Firefly Aerospace, and Voyager Technologies totals $8.5 billion.
  3. 3Rocket Lab shares rose 28% over two trading days as third-quarter revenue increased 73% year-over-year to $268 million.

So what's the key point?

NASA chose companies to transport goods to the moon. As the scale of these contracts grew, the stock prices of related companies also rose.

Source Yahoo Finance +1 · View original ↗

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