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Moon Base
Trends
- 1Space stocks find a floor after brutal July as Musk backs NASA moon base▼SPCX, ASTS, RKLB Find A Floor After Brutal July: Elon Musk Says NASA’s Moon Base Vision ‘Will Happen’
Space-related stocks including SPCX, ASTS and RKLB stabilized after steep losses in July. The rebound came as Elon Musk publicly endorsed NASA's vision of a permanent base on the Moon, saying it 'will happen'. Traders are watching whether his comments restore confidence in the sector after a month of heavy selling.
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NASA is laying out its thinking on establishing a base on the moon, a key element of its Artemis program to return astronauts to the lunar surface and eventually build a sustained human presence there. The plans touch on how such a base would be constructed, supplied and used for science and exploration.