U.S. Stock Market Alerts | Space concept stocks on a general decline, AST SpaceMobile (ASTS.US) falls more than 9%

According to the Wise Finance APP, on Thursday, the space concept experienced a general decline, with AST SpaceMobile (ASTS.US) falling by over 9%, SpaceX (SPCX.US) falling by over 7%, Rocket Lab (RKLB.US) and Planet Labs PBC (PL.US) falling by over 4%. As a leading aerospace company, SpaceX opened sharply lower today, with a cumulative decline of over 10% in two days, bringing its total market value down to $2.38 trillion, directly affecting other space concept stocks. Paul Meeks, Managing Director and Technology Research Director of Freedom Capital Markets, believes that the reasons for the stock's decline include the possibility of SpaceX issuing more shares, thereby diluting the scarcity of the current shares. Additionally, the cooling of the artificial intelligence trend, continued investor skepticism towards SpaceX's artificial intelligence business, and SpaceX's profits not meeting expectations are also factors contributing to investor selling.