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Firefly, Rocket Lab, Intuitive Machines stocks liftoff

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Firefly’s CEO Jason Kim reacts during the company’s IPO at the Nasdaq MarketSite in New York City, U.S., August 7, 2025.

Jeenah Moon | Reuters

Last week’s liftoff also coincided with President Donald Trump’s “space superiority” executive order, signed on Friday, that aims to create a permanent U.S. base on the moon.

Investors have also gained more clarity on the future of NASA following a whirlwind drama since Trump won the election.

Last week, the Senate confirmed Jared Isaacman as NASA administrator more than a year after he was first nominated to the position.

Trump withdrew the nomination from the Elon Musk ally earlier this year amid a public fallout, but renominated Isaacman in November.

Transportation Secretary Sean Duffy was tapped to temporarily run the space agency in the interim.

Neuberger Berman's Dan Hanson talks a possible SpaceX IPO



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