US Stock Market Move | Drone concept stocks continue to rise. SES AI Corp (SES.US) rises over 47%.
27/12/2024
GMT Eight
On Friday, the concept stocks of drones in the US stock market continued to rise. As of the time of writing, SES AI Corp (SES.US) rose by over 47%, Palladyne AI (PDYN.US) rose by over 48%, Ondas Holdings (ONDS.US) rose by over 13%, and ParaZero Technologies (PRZO.US) rose by over 17%. In recent news, Musk criticized the traditional F-35 fighter jet manufactured by Lockheed Martin, calling its design "broken" and the F-35 the "worst military equipment in terms of cost-effectiveness in history". He also posted photos of drones on social media. Drones play an important role in the military, and the US military is investing in a variety of drones and unmanned technologies.