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Shares of Momentus Inc. (NASDAQ:MNTS) traded higher on Monday, adding to gains of nearly 17% over the past week. The momentum appears to be linked to political developments. Here’s what you need to know. What To Know: Several space stocks are rallying following Donald Trump’s victory in the 2024 presidential election last week. Trump is expected to support further advancements in Mars exploration, viewing the moon as a “launching pad” for future Mars missions by potentially reducing regulatory barriers for space exploration companies, according to Semafor. During his first term, Trump establis…

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