On Monday, space concept stocks rallied during trading sessions, with Virgin Galactic (SPCE.US) surging over 9%, Rocket Lab (RKLB.US) climbing nearly 7%, and AST SpaceMobile (ASTS.US) gaining over 5%.

On the news front, President Donald Trump previously signed an executive order to ease commercial space regulations, delivering a significant breakthrough for the aerospace industry that has long advocated for reduced administrative barriers. The order directs the Secretary of Transportation to eliminate or expedite environmental review processes for launch and re-entry permits, while abolishing "outdated, redundant, or overly restrictive" regulations targeting spacecraft.

Additionally, the order mandates an assessment of whether states are impeding spaceport infrastructure development, while streamlining authorization procedures for new space activities.