• Tema Space Innovators ETF (NASA) is trading 3.1% down today, giving back a portion of its sharp late-June rally.
  • This comes as broader markets face pressure from renewed Middle East tensions, a softer manufacturing PMI, and a rotation out of speculative growth names.
  • However, the decline occurred even as NASA (the agency) awarded new lunar delivery contracts on July 1, 2026, to several space companies, including Intuitive Machines and Firefly Aerospace, indicating significant developments within the space sector.