Today: 17 June 2026
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NASDAQ:ASTS 22 May 2026 - 14 June 2026

Space stocks trade volatile as SpaceX, Rocket Lab and AST SpaceMobile lead

Space stocks trade volatile as SpaceX, Rocket Lab and AST SpaceMobile lead

SpaceX’s record $75 billion IPO sent its stock up 19.2% to $160.95 and triggered a sharp selloff in Rocket Lab, Planet Labs, Intuitive Machines, AST SpaceMobile, and Virgin Galactic, as investors shifted capital to the new sector giant; AST’s June 17 satellite launch is the next key test for space stocks after Friday’s rout.
SpaceX IPO Rattles Satellite Stocks; Rocket Lab, AST SpaceMobile Fall

SpaceX IPO Rattles Satellite Stocks; Rocket Lab, AST SpaceMobile Fall

SpaceX’s IPO at $135 a share surged 19% to $160.95, setting a new public benchmark for space stocks and triggering a sharp sector-wide selloff; Rocket Lab fell 10.8% despite upcoming Nasdaq-100 inclusion, AST SpaceMobile dropped 15.5% ahead of its June 17 satellite launch, while Planet Labs’ record revenue failed to offset broad profit-taking as investors rotated capital into SpaceX.
Redwire Drops After SpaceX Listing, Investors Eye Dilution

Redwire Drops After SpaceX Listing, Investors Eye Dilution

Redwire shares plunged 11.6% to $15.12 on heavy volume after announcing a $500 million at-the-market equity program, raising dilution concerns as investors rotated out of smaller space stocks amid SpaceX’s market debut; investors now face uncertainty over Redwire’s ability to convert its record $498.1 million backlog into revenue and cash flow without further share issuance.
AST SpaceMobile Jumps After BlueBird Launch Date News

AST SpaceMobile Jumps After BlueBird Launch Date News

AST SpaceMobile shares soared 11.73% to $97.56 after confirming BlueBird satellites 8, 9, and 10 will launch June 17 on a Falcon 9, aiming to nearly double peak data speeds for its direct-to-smartphone broadband network; shares reached $101.00 after hours as investors focused on this key deployment milestone following recent volatility.
12 June 2026
Redwire Shares Sink Despite Space Strawberry News

Redwire Shares Sink Despite Space Strawberry News

Redwire Corp. plunged 25% this week, closing at $18.45 after Jefferies cut its rating to Hold, citing “limited near-term upside” despite a raised price target; trading was volatile following a new space-agriculture contract and amid a broad selloff in speculative space stocks as investors question if recent contract wins can support the stock’s run ahead of earnings.
Redwire Shares Fall After Steep Space Rally; Traders React

Redwire Shares Fall After Steep Space Rally; Traders React

Redwire shares plunged 8.7% to $18.78 after Jefferies downgraded the stock on valuation concerns, despite 57.9% Q1 revenue growth and a record $498.1 million backlog; investors now demand evidence that contract wins and strong demand will translate into actual revenue and profits as SpaceX’s record IPO looms and the space sector resets.
Redwire shares sink as space stocks retreat

Redwire shares sink as space stocks retreat

Redwire shares plunged 16.4% to $20.53 after Jefferies downgraded the stock to Hold, citing valuation concerns despite raising its price target to $24. Trading volume topped 25.8 million shares. Redwire’s Q1 revenue jumped 57.9% to $97 million, backlog hit $498.1 million, but net loss widened to $76.5 million. The company announced new defense drone contracts, while a $350 million at-the-market offering remains pending.
Rocket Lab Stock Cools After Rally. Traders Eye Next Steps.

Rocket Lab Stock Cools After Rally. Traders Eye Next Steps.

Rocket Lab fell 3.1% to $143.48 Friday after Blue Origin’s rocket test explosion rattled space stocks. Despite the drop, shares are up from $135.76 last week. The company closed a buyout of Motiv Space Systems, landed a $90 million U.S. Space Force contract, and reported Q1 revenue up 63.5% to $200.3 million with $2.2 billion backlog. Risks include a $3 billion at-the-market equity program and delays on its Neutron rocket.
Redwire Shares Jump 40% in Four Days — Eyes on Monday

Redwire Shares Jump 40% in Four Days — Eyes on Monday

Redwire shares fell 5.14% Friday to $24.57, still up sharply from $17.49 on May 22 after a volatile week with only four trading sessions. The company announced a $15 million Army contract for Stalker UAS and a high-eight-figure NATO deal for Penguin Mk3. First-quarter revenue rose 57.9% to $97 million, but Redwire posted a $76.5 million net loss. Space stocks broadly declined after a Blue Origin rocket explosion.
Blue Origin Launch and SpaceX IPO Hype Set Stage for Tema Space ETF Activity

Blue Origin Launch and SpaceX IPO Hype Set Stage for Tema Space ETF Activity

Tema Space Innovators ETF closed Friday at $40.17, down 3.97% after a Blue Origin rocket explosion triggered a selloff in space stocks. Despite the drop, the ETF gained about 3.6% for the shortened week. SpaceX secured a $4.16 billion U.S. Space Force contract and plans to start its IPO roadshow June 4, with shares possibly available as soon as June 11.
Redwire Stock Just Jumped 27% — The $498 Million Number Traders Can’t Ignore

Redwire Stock Spikes as SpaceX Trade Hits Early Test

Redwire shares fell in premarket trading Thursday to around $23.25 after closing Wednesday at $24.00, up 8.9%. The drop followed a rally in space stocks tied to anticipation of SpaceX’s IPO, which Reuters reports could value SpaceX at $1.75 trillion. Redwire’s latest news includes a $15 million Army drone order and a high-eight-figure contract from a NATO country. The company posted a Q1 net loss of $76.5 million on $97 million revenue.
Firefly Aerospace Stock Rockets 15% As SpaceX IPO Buzz Puts FLY Back On Traders’ Radar

Firefly Aerospace Stock Rockets 15% As SpaceX IPO Buzz Puts FLY Back On Traders’ Radar

Firefly Aerospace shares jumped 15.5% to $49.50 Friday, closing above their August IPO price and capping a 22% weekly gain after SpaceX news revived interest in space stocks. Trading volume was heavy ahead of the long U.S. holiday weekend. SpaceX’s planned IPO, possibly valuing it at $1.75 trillion, drove sector momentum. Firefly also announced a Texas campus expansion and reported record Q1 revenue but posted a $96.7 million net loss.
Virgin Galactic climbs as SpaceX IPO speculation sparks interest in space stocks

Virgin Galactic climbs as SpaceX IPO speculation sparks interest in space stocks

Virgin Galactic shares climbed about 18% to $3.25 Friday, with trading volume nearly triple the average, as investors bought space stocks after reports of a possible SpaceX IPO. The stock extended Thursday’s 11% gain. Virgin Galactic continues to face significant cash-burn and financing risk while preparing for flight testing later this year. First-quarter results showed a $65 million net loss and negative free cash flow.
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Stock Market Today

  • Western Digital Corporation Shares Rise 4.22% Amid Strong Technical Signals
    June 16, 2026, 9:31 PM EDT. Western Digital Corporation's stock price climbed 4.22% on Tuesday, reaching $681.08 and marking its fourth consecutive daily gain. Trading volume surged by 6 million shares, totaling approximately $10.70 billion in value, bolstering an already positive technical outlook. The stock broke a strong short-term resistance at $647.58, now acting as support, while analysts at Morgan Stanley recently assigned an "Overweight" rating. Key momentum indicators such as the Moving Average Convergence Divergence (MACD) and short- and long-term moving averages align, signaling further upward potential. However, the stock's high volatility, with intraday swings exceeding 9%, suggests elevated risk for traders. The next resistance level is anticipated near $784, with support around $565.94 and $505.40 providing downside protection if tested.

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