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The Zhitong Finance App learned that aerospace precision parts giant Howmet Aerospace (HWM.US) closed down 7.51% and fell sharply by 9% in the intraday period, hitting a two-month low, the biggest one-day decline since April 2025. The trigger for the sell-off came from Musk's statement on social networking platform X: SpaceX will independently cast industrial gas turbine blades and guide vanes, pointing directly to the current core bottleneck limiting gas turbine production capacity.
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The Zhitong Finance App learned that aerospace precision parts giant Howmet Aerospace (HWM.US) closed down 7.51% and fell sharply by 9% in the intraday period, hitting a two-month low, the biggest one-day decline since April 2025. The trigger for the sell-off came from Musk's statement on social networking platform X: SpaceX will independently cast industrial gas turbine blades and guide vanes, pointing directly to the current core bottleneck limiting gas turbine production capacity.
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