Space Stocks Rally as Adobe Slips

Rocket Lab NASDAQ:RKLB and Virgin Galactic (NYSE:SPCE) jumped Friday as space stocks rallied ahead of SpaceX's expected IPO, while Adobe NASDAQ:ADBE slipped despite raising its full-year outlook.Rocket Lab and Virgin Galactic rose about 6% each, with Firefly Aerospace, Momentus, Redwire and other c…

Jun 12, 2026 - 18:00
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Space Stocks Rally as Adobe Slips
Rocket Lab NASDAQ:RKLB and Virgin Galactic (NYSE:SPCE) jumped Friday as space stocks rallied ahead of SpaceX's expected IPO, while Adobe NASDAQ:ADBE slipped despite raising its full-year outlook.Rocket Lab and Virgin Galactic rose about 6% each, with Firefly Aerospace, Momentus, Redwire and other c…

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