Space stocks go into orbit as Musk mega IPO nears lift-off
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European space stocks surged on Thursday following Elon Musk's SpaceX IPO filing, boosting investor sentiment. Eutelsat shares rose 10%, OHB increased by 12%, and SES gained 3.5%. Eutelsat and OHB have seen weekly increases of 20% and 32%, respectively, driven by the positive outlook for the sector.
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