Why Intuitive Machines Popped, but Rocket Lab and AST SpaceMobile Stocks Dropped Today

These are exciting times for space stocks, but don't expect Intuitive Machines, Rocket Lab, or AST SpaceMobile to earn a profit for years. Volatility ran amok among space stocks Tuesday. Shares of lunar explorer Intuitive Machines (LUNR 33.41%) rocketed 35.6% through 3 p.m. ET, but rocket maker Rocket Lab (RKLB -7.51%) and satcom specialist AST SpaceMobile (ASTS -11.09%) declined -- down 6.2% and 12.3%, respectively. AST's decline comes after the FCC permitted Globalstar (NYSE: GSAT) to operate 17 new cellp ...