Space Stock Short Squeeze: The Final Act of the SpaceX IPO Hype?

The technical Wall Street term for investors short selling space stocks right now is “getting your face ripped off.” Shares of commercial space companies were on fire coming into Wednesday trading. Over the past month, shares of Rocket Lab and AST SpaceMobile —to name two—are up 74% and 55%, respectively, leaving them both up more than 380% over the past 12 months.