The Tema Space Innovators ETF (NASA) is trading over 5% higher, fueled by a powerful combination of sector-specific excitement and a flight to defense assets.
- The highly anticipated SpaceX IPO is set to price today, which would raise about $75 billion and value the company at approximately $1.8 trillion, driving a broad rally across the entire space sector [20, 22].
- Simultaneously, an escalation in the Iran-U.S. conflict, including Iran's closure of the Strait of Hormuz, has sent oil prices surging above $95 per barrel, boosting the appeal of aerospace and defense stocks [2, 3, 11].