SpaceX Defies 2.8% Tech Rout with 1% Gain as Iran War Fears Rattle Space Sector
The recent tech sell-off driven by AI overvaluation and geopolitical uncertainty spared SpaceX, which closed higher on Tuesday. The space and defense sector faces mixed signals: rising oil prices could increase launch costs, while potential easing of Iran tensions may stabilize markets.
Source: abcnews.com · news-gazette.com