Shares of space-related companies are trading lower amid tepid catalysts for SpaceX including a weather delay for its Starship vehicle. Also, HSBC initiated coverage on SPCX with a Hold rating and announced a $115 price target.

Shares of space-related companies are trading lower, possibly as Rocket Lab extended losses, falling over 8% after an analyst cut its price target following a delay to its Neutron rocket’s first launch, weighing on peers.

Why Is AST SpaceMobile Stock Falling Friday?

ASTS stock hits technical lows following a analyst downgrade from Piper Sandler, driven by satellite launch delays and SpaceX competition.

Space Stock Watch: SpaceX Spectrum Deal, Rocket Lab Delays, Tesla Merger Chatter

Space stocks fall as SpaceX pursued an $8B wireless push, Rocket Lab delays Neutron to 2027, and Tesla’s Roadster revives merger speculation.

Peter Schiff Warns Trump’s ‘Booming’ Stock Market Boast Is a Mirage: 479 Stocks Hit 52-Week Lows on Wednesday, While Only 60 Set Highs

Investor Peter Schiff challenged Trump’s booming stock market claim, pointing to a wave of stocks hitting 52-week lows Wednesday.

Chip Stocks Endure Longest Losing Streak Since 2006 as CoreWeave Credit Concerns Mount: This Week on Wall Street

The iShares Semiconductor ETF is on a nine-session losing run unseen since May 2006, as the KOSPI posts its worst week since 2008, optical names suffer dot-com-era drops and Bank of America sees a Cisco echo.

Rocket Lab shares are trading lower after Citizens lowered its price target on the stock from $130 to $90.