SpaceX (NASDAQ:SPCX) Starship Abort Cuts Estimated $53 Billion After Hours
SpaceX lost an estimated $53 billion in implied equity value after hours following the Starship Flight 13 abort. Early premarket trading deepened the decline to 4.52%.
Boeing (NYSE:BA) restores jet-certification powers ahead of upcoming cash-flow review
Boeing will have its full authority restored to grant airworthiness certificates for new 737 MAX and 787 aircraft, effective next week.
Rocket Lab Stock’s Slide Exposes the $67.50 Trigger in Its $8 Billion Iridium Deal
Rocket Lab Corporation fell about 5.4% to $76.65 in late trading on Monday, leaving it an 11.9% drop away from a price floor that could reduce what Iridium Communications Inc. investors receive in the planned takeover. Iridium was down 2.9% at $48.62.
Mortgage Rates Fall, Then Flinch: The 6% Catch Homebuyers Can’t Ignore
U.S. mortgage rates gave homebuyers only a thin opening on Thursday, with Freddie Mac’s latest weekly benchmark at a seven-week low while daily rate screens still sat in the mid-6% range. Zillow listed current 30-year fixed mortgage rates at 6.625% on July 9, while Freddie Mac’s most recent weekly survey put the 30-year average at 6.43% as of July 2, down from 6.49% a week earlier.
Rocket Lab surges, adding $8 billion after Iridium deal shifts RKLB cash flow
Rocket Lab Corporation traded at $98.01 in the premarket session Tuesday, up $13.43 from Monday’s close. That quote put the company’s value at $59.3 billion, so the premarket gain added about $8.1 billion in equity value. Nasdaq runs premarket hours from 4:00 a.m. to 9:30 a.m. ET.
Rocket Lab (NASDAQ:RKLB) to acquire Iridium (NASDAQ:IRDM) in $8B deal
NEW YORK, June 29, 2026, 11:13 EDT. Rocket Lab said it will buy Iridium in an $8 billion deal, moving the satellite race into a new phase as RKLB eyes cash flow from IRDM’s network.
GE Aerospace jumps to 52-week high on reported U.S. plans for Turkey engine sale
GE Aerospace climbed 2.94% to $366.96 in early afternoon trading Wednesday, pulling back a bit after reaching $369.25, the highest print on its quote page in the last 52 weeks. Shares started at $356.84, a touch higher than Tuesday's $356.47 close.
Elbit shares rally 11.5% after Germany SkyStriker drone order
Elbit Systems and Diehl Defence are working together to pitch the SkyStriker loitering munition to the German Armed Forces, after agreeing a strategic partnership at ILA Berlin. The deal would see production and support in Germany if the system is selected, the companies said. Diehl added that the agreement also involves local manufacturing, assembly, integration and qualification work in Germany.
Honeywell Edges Up With Aerospace Spin-Off and Automation Plans in View
Honeywell International Inc. shares gained this week as traders watched for updates on the company’s post-breakup path and the coming spin of Honeywell Aerospace. HON finished Friday at $220.31, up 0.54%. Volume was about 4.66 million shares, with a market cap around $139.6 billion. The price move was small by the end of the day, but Honeywell’s status as a Dow component meant the stock lent support to the Dow’s session advance, since the price-weighted index moves with changes in big-name shares, according to MarketWatch.
SpaceX IPO Rattles Satellite Stocks; Rocket Lab, AST SpaceMobile Fall
Space and satellite stocks in the U.S. pulled back hard to close out the week, with a selloff following SpaceX’s public trading debut. The IPO had sparked a rally earlier, but traders jumped to take profits after SpaceX started trading. SpaceX’s IPO was priced at $135 a share, selling 555,555,555 shares. Shares traded at $160.95, up 19% from the IPO price, according to latest market data. SpaceX’s public market debut sets a new valuation benchmark for other launch, satellite broadband, and space-infrastructure stocks.
Merlin Moves Higher in Premarket After U.S. Military Clears Next Flight-Test
Merlin Inc shares were up sharply before the bell Friday after the autonomous-flight software maker announced its C-130J project with U.S. Special Operations Command passed a major engineering milestone, advancing the aircraft work closer to integration and formal tests. Premarket quotes put the stock at $9.14 at 6:47 a.m. EDT, a 25.7% gain.
Redwire’s Space Surge Pauses as Jefferies Lowers Rating
Redwire Corp traded a bit higher Tuesday, after dropping hard Monday. Jefferies downgraded the space-and-defense name to “Hold,” saying the stock’s run was outpacing the company’s fundamentals.
Starfighters Space Stock Holds Up as FJET Defies Broader Drop
Starfighters Space stock surged Monday, with the small NYSE American aerospace name sharply up as other publicly traded space companies fell.
Honeywell heads into the weekend up 4%, as IPO talk and aerospace plans swirl
Honeywell International finished the shortened U.S. trading week higher, getting a lift from stronger markets and new focus on Quantinuum. The Honeywell-backed quantum computing firm is planning an IPO.
AeroVironment Jumps 17% on Drone Funding Chatter
AeroVironment Inc. shares surged over 17% Thursday, part of a broad jump in U.S. drone names following news of possible Washington funding for domestic drone producers. AeroVironment also said it landed a $20 million defense materials contract. Shares were last up $31.21 at $212.49 after reaching $216.59 earlier in the session. Volume was close to 3.0 million.
Kratos Shares Move After Drone Funding Report
Kratos Defense & Security Solutions stock took off in premarket trade Thursday, lifted with other U.S. drone names after word the Trump administration is discussing funding for domestic drone companies. The Reuters report pushed Kratos up 11.2% ahead of the open, with AeroVironment up 9.1% and Unusual Machines rallying 33%.
GE’s Air Force Engine Win Draws Attention to Drone Push
GE Aerospace picked up a U.S. Air Force contract for its GE426 engine, pushing the company deeper into the fight to supply engines for autonomous combat planes expected to operate alongside crewed aircraft. The deal funds a preliminary design review, which is an early technical step before moving to pricier prototyping and trials, part of the Air Force’s medium-thrust Autonomous Collaborative Platform program.
Redwire Shares Pop in Pre-Holiday Trade as Drone News Draws Attention
Redwire Corp is set for the holiday week after posting a strong rally Friday. Stock jumped 13.9% to $17.49. More than 55 million shares traded. Investors moved in after signals that Redwire’s drone group is landing bigger military contracts.
Lockheed Martin Rises Going Into Holiday on Missile Plans
Lockheed Martin shares climbed 2.0% Friday to close at $533.24, pushing the stock about 3.3% higher from where it stood on May 15 ahead of the Memorial Day break. The defense company managed a stronger finish after a volatile week, as investors balanced worries over earnings with shifting missile demand.
Firefly Aerospace Stock Rockets 15% As SpaceX IPO Buzz Puts FLY Back On Traders’ Radar
Firefly Aerospace Inc. shares closed 15.5% higher at $49.50 on Friday and ended the week up about 22%, as investors bought publicly traded space names after fresh SpaceX news pulled attention back to the sector. The move came on heavy volume for FLY and put the stock above its August IPO price.
TechStock² Updates
