During intraday trading on August 24, space concept stocks faced significant selling pressure, with the sector showing broad declines. As of press time, ASTS.US led the losses among mainstream names, trading at $62.945, down 8.31% from the previous close; RKLB.US followed closely, trading at $68.595, with a decline of 5.48%.

Other mainstream names also struggled, with DXYZ.US at $32.710, down 4.99%; VCX.US at $43.250, down 2.75%; and RDW.US at $11.460, down 4.66%. While a few derivative names like RKLZ.US managed slight gains, they failed to offset the overall bearish tone.

In terms of turnover, RKLB.US saw particularly active trading, with intraday turnover exceeding $790 million, indicating some bottom-fishing interest, though selling pressure remained heavy. Investors should watch for potential stabilization or rebound in the sector.