Howmet Aerospace is trading 5.87% down now at $244.06 after investors renewed concerns about SpaceX producing gas-turbine blades and vanes internally.
- The plan could challenge Howmet’s position in turbine components.
- Analysts have argued SpaceX’s production is primarily intended for its own needs and may take years to scale.
- The decline follows the earlier September 1 selloff tied to the same announcement.