Rocket Lab (RKLB), SpaceX (SPCX), And AST SpaceMobile (ASTS) Slide Despite Historic FAA Deregulation Push
Space stocks sold off sharply this week even as the FAA unveiled a sweeping proposal to strip away environmental red tape for rocket launches. The Federal Aviation Administration proposed waiving requirements under 13 federal environmental laws for qualifying launch and reentry licenses, a move the Department of Transportation framed as a major step toward accelerating…