NASA network constraints highlighted as New Horizons wakes; space stocks lose ground
Shares of three U.S. pure-play space companies dropped an average of 10.3% on Thursday, while two listed New Horizons heritage affiliates slipped only 0.5%.
SpaceX-led space stocks down $89 billion, basket’s worst hit isn’t a rocket maker
SpaceX dropped 4.4% to end Monday at $139.19. Rocket Lab USA ended down 5.3% at $76.75. AST SpaceMobile slipped 7.7% to $67.64 and Intuitive Machines closed off 6.3% at $15.13. The QQQ fund was off 1.9%, and SPY finished down 0.8%.
Intuitive Machines stock slips after NASA award rally with July 10 short data ahead
Intuitive Machines, Inc. finished the shortened week down, despite picking up a new NASA contract. Trading suggests investors may be watching for short-interest numbers now, not just the backlog.
Rocket Lab-Iridium deal puts cash-flow satellites in focus for space stocks in June 2026
Space and satellite stocks faced a tougher test this Monday than the SpaceX-driven rally that kicked off June, as investors started to focus on networks and contracts over just launch schedules. Rocket Lab Corporation said it will buy Iridium Communications Inc. in a deal valued at about $8 billion. The deal brings Rocket Lab access to L-band spectrum, over 2.55 million subscribers and $495 million in 2025 operational EBITDA to fold into its launch and spacecraft operations.
SpaceX (NASDAQ:SPCX) launch puts Sirius XM Holdings (NASDAQ:SIRI) cash flow to the test
SpaceX launched Sirius XM Holdings Inc.’s SXM-11 satellite from Cape Canaveral Sunday night. The big 7-ton-plus satellite made it to orbit, taking launch risk off the table. Now investors will watch for it to start generating revenue as part of Sirius XM's satellite-radio fleet.
Veterans Kick Off Indiana Freedom Runs Before America’s 250th
Crooked Lake Freedom 5 in Angola is listed for Independence Day on Indiana’s calendar, with officials planning to connect the holiday to the 250th anniversary and salute military service. The July 4 event at Crooked Lake is set for the morning. Race organizers will discount entry for military and first responders.
SpaceX Stock Risks Build as ARK ETF Flows, Retail Rules and Lockups Test IPO Rally
SpaceX’s first week as a public company ended with the stock still above its offering price, but the trade has shifted from scarcity to supply risk. With U.S. markets shut for the weekend, shares of the Elon Musk-led company last traded at $185 on Friday, down from a Tuesday peak of $225.64 but still about 37% above the $135 IPO price.
Space stocks trade volatile as SpaceX, Rocket Lab and AST SpaceMobile lead
U.S. space and satellite names are lower as the week starts, after SpaceX’s public float reset sector valuations. SpaceX finished Friday at $160.95, up 19.2% from its $135 IPO price. The gain pushed its market value to about $2.1 trillion. The company raised $75 billion in what now stands as the biggest-ever IPO, selling shares to public investors for the first time.
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.
US Stock Market Today After Hours: S&P 500, Dow Rise as SpaceX Debut and Oil Slide Lift Wall Street
U.S. stocks held a firmer tone after Friday’s close, with exchange-traded funds — stock-like baskets that track indexes and can trade after the closing bell — showing the rally largely intact in late post-market activity. The move followed a higher regular session, as the S&P 500, Dow and Nasdaq all advanced after oil prices fell and risk appetite improved.
Redwire Drops After SpaceX Listing, Investors Eye Dilution
Redwire Corporation shares fell on Friday, with investors backing away from smaller space stocks after SpaceX’s market debut drew fresh attention. RDW was last at $15.12, down $1.98 or 11.6%. More than 64 million shares traded so far, with the session range between $14.75 and $18.45. The drop stands out since Redwire had been running higher in a broad speculative move in space stocks. Sector shifts like this can squeeze valuations even if the company’s long-term outlook doesn’t change.
S&P 500 Ends Up as Oil Drops, SpaceX IPO Catches Wall Street’s Eye
U.S. stocks closed up Friday, boosted by a drop in oil prices and rising optimism about U.S.-Iran peace talks. LSEG data from Reuters after the bell showed the S&P 500 rose 34.21 points, the Dow gained 368.88 points, and the Nasdaq added 75.33 points. All three main indexes finished in the green.
Intuitive Machines Stock Rebounds as SpaceX IPO Buzz Tests LUNR’s Valuation
Intuitive Machines stock is back in the spotlight after LUNR jumped 15.49% on Thursday to close at $30.64, a sharp rebound that came as traders returned to listed space stocks ahead of SpaceX’s expected Nasdaq debut. Investing.com attributed the move to a “halo effect” from the SpaceX IPO and renewed demand for space-sector proxies, while Reuters reported Friday morning that Intuitive Machines was still up 0.6% in premarket trading as other space names also rose.
Redwire Shares Sink Despite Space Strawberry News
Redwire Corp. finished the week off roughly 25%, dropping after gains from a space-agriculture deal faded. Traders sold off speculative space names as Wall Street turned lower. Redwire closed at $18.45 Friday, losing 13.91%. It was at $24.57 on May 29.
Intuitive Machines Drops on $500 Million Share Sale Announcement
Intuitive Machines shares tumbled 15.6% around midday Wednesday. The drop came after the lunar-technology company said it could sell up to $500 million in Class A stock. That move put more pressure on one of the more active space names this year. The stock, which trades on the Nasdaq, was at $33.41 and had hit $33.28 earlier in the day, with volume topping 10.7 million shares.
Redwire Shares Fall After Steep Space Rally; Traders React
Redwire Corporation stock fell hard Wednesday as space stocks lost ground. The group had surged, but now investors are asking if growth is already priced in.
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.
Redwire shares sink as space stocks retreat
Redwire shares dropped in late-morning trade Monday after Jefferies downgraded its rating on the space and defense tech company. The call pulled back a fast move up in smaller space stocks.
Blue Origin Launch and SpaceX IPO Hype Set Stage for Tema Space ETF Activity
U.S. stock markets stayed closed over the weekend, so the Tema Space Innovators ETF was left to absorb Friday’s drop after a Blue Origin rocket explosion pressured space stocks and weighed on SpaceX IPO bets. NASA ended Friday at $40.17, off 3.97% for the day. Still, the ETF finished up roughly 3.6% from the May 22 close at $38.76, after markets saw a short four-session week with the Memorial Day holiday.
Intuitive Machines Shares Fall After Company Misses NASA Rover Bid
Intuitive Machines Inc. shares slid late Tuesday after NASA’s new lunar mobility updates seemed to exclude the company from a hotly watched rover award, hitting a stock that had gained with the wider space-trade push.
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