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Space stocks slide as investors worry about future defense budgets

MarketWatch says concern is rising that defense spending could be near a peak if control of Congress becomes split.

Reported · Written up by our desk · Fund Industry

MarketWatch reports that investors are increasingly concerned about a potential slowdown in defense spending, a shift that has weighed on space-related stocks.

The outlet points to the possibility that the industry may be approaching a “peak” period for defense spending, particularly if political control over Congress becomes divided.

Those budget expectations are driving investor sentiment around space companies, even as attention turns to whether SpaceX alone is to blame for recent weakness.

MarketWatch frames the move as less about one company and more about how investors may be recalibrating their outlook for defense demand.

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