US Stock Market Move | Trump signs executive order to ensure US "space dominance" Intuitive Machines (LUNR.US) surges over 25%

On Friday, U.S. space concept stocks surged. As of the time of writing, Intuitive Machines (LUNR.US) surged over 25%, Rocket Lab (RKLB.US) rose nearly 8%, Redwire (RDW.US) increased over 12%, AST SpaceMobile (ASTS.US) rose over 5%, and EchoStar Corporation Class A (SATS.US) rose over 4%. On the news front, U.S. President Trump signed an executive order yesterday, calling for increased research and development and attracting private sector investment measures to ensure America's "space superiority." According to the White House's executive order titled "Ensure America's Space Superiority," the U.S. government will adjust its space policy. In the highly anticipated lunar exploration aspect, the executive order states that through the Artemis program, Americans will return to the Moon by 2028; by 2030, establish the "basic elements of a permanent lunar outpost" and lay the foundation for the next steps in Mars exploration.