Space stocks surge as sector optimism builds heading into 2026

Space-related stocks have climbed sharply this week, extending gains from last week as investor confidence in the growing space industry continues to strengthen ahead of 2026.

Shares of Firefly Aerospace, which went public in August, rose around 16%, while Intuitive Machines jumped roughly 12%. 

Rocket Lab also saw a strong rally, gaining about 10% and adding to an 18% surge from the previous session.

Rocket Lab’s recent gains followed news of an $816 million satellite contract with the US Space Development Agency, a deal that boosted confidence in the company’s long-term growth prospects. 

More broadly, space stocks have been trending higher amid reports that SpaceX, founded by Elon Musk, is preparing for an initial public offering as early as next year.

Optimism has also been fueled by renewed government focus on space. Last week’s rally coincided with an executive order signed by President Donald Trump aimed at achieving “space superiority,” including plans to establish a permanent US presence on the Moon.

Investors have also gained clarity around leadership at NASA after months of uncertainty. 

The US Senate recently confirmed Jared Isaacman as NASA administrator, more than a year after his initial nomination.

Isaacman, an ally of Musk, was briefly withdrawn earlier this year following a public dispute but was renominated in November. 

In the interim, Transportation Secretary Sean Duffy served as the agency’s acting head.