Why Rocket Lab, AST SpaceMobile, and Virgin Galactic Stocks Went Tumbling Today

It's hard for unprofitable space stocks to fight "gravity" when Fed interest rates are too high.Oh, my! Wednesday does not appear to be a good day to be invested in unprofitable space stocks!In early afternoon trading, 12:45 p.m. ET, shares of satellite telephony stock AST SpaceMobile (ASTS -6.28%) are off 6.5%, and space tourism pioneer Virgin Galactic (SPCE -6.41%) is down an even more dramatic 9.1%. Even small rocket manufacturer Rocket Lab (RKLB -2.34%) is seeing its shares sell off a modest 2.5% despit ...