Starfighters Space Inc (NYSE:FJET) is trading higher Thursday afternoon, extending Wednesday’s rebound as investors jump back into beaten-down space stocks.
Thursday’s move comes amid a 110% gain over the past week after the shares had dropped more than 50% to start 2026. Here’s what investors need to know.
- Starfighters Space stock is among today’s top performers. Why is FJET stock up today?
Geopolitical Jitters Boost Space And Defense Trade
Rising U.S.–Iran tensions are also keeping a bid under defense and surveillance names, a backdrop that appears to be spilling over into space-infrastructure plays such as FJET.
Defense-focused peer Red Cat Holdings is rallying Thursday as investors seek exposure to small-cap security and reconnaissance themes tied to reports of a potential U.S. military strike on Iran and a buildup of carriers, warships and fighter jets in the region.
Sector-wide, benchmarks like the SPDR S&P Aerospace & Defense ETF (NYSE:XAR) and the Global X Defense Tech ETF (NYSE:SHLD) climbed on Wednesday after prediction markets sharply raised the implied odds of conflict, helping pull capital into a basket of defense and space stocks.
Sector Rebound After SpaceX IPO Jitters
Earlier this month, chatter that SpaceX could pursue a blockbuster initial public offering near $1.5 trillion weighed on listed space stocks as investors reserved capital and reassessed valuations across the group, pressuring Starfighters and peers including AST SpaceMobile, Rocket Lab and Virgin Galactic.
Shares Surge Above Key Average
Technical indicators reveal that the stock is trading 41.7% above its 20-day simple moving average (SMA), indicating strong short-term momentum.
The RSI is at 55.07, suggesting neutral momentum, while the MACD shows a bullish signal with a MACD value of -1.0343, above its signal line at -1.2581. This combination indicates that while the stock is not currently overbought, there is potential for upward movement.
- Key Resistance: $12.00
- Key Support: $9.00
FJET Stock Soars Thursday
FJET Price Action: Starfighters Space shares were up 15.41% at $10.41 at the time of publication on Thursday, according to Benzinga Pro data.
Image: Shutterstock
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