Trump signs space executive order, Intuition Machine Company and aerospace sector stocks soar.

date
20/12/2025
Intuition Machine Company's stock price soared 35% at one point, marking the largest intraday increase since May. At the same time, other aerospace stocks also rallied collectively. Prior to this, U.S. President Trump signed an executive order emphasizing American space exploration, followed by KeyBanc initiating coverage tracking of the industry, stating that "the future prospects of the aerospace and defense technology sector may have profound implications similar to the industrial revolution." The Procure Space ETF rose by 5.6%, FlyFire Aviation by 20%, Rocket Labs and Voyager Technologies by 15% and 11% respectively. Lockheed Martin's stock price slightly increased by 0.6%, Northrop Grumman rose by 1.8%, and L3Harris increased by 2.2%.