Today: 11 June 2026
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NASDAQ:RKLB 21 May 2026 - 7 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.
Starfighters Space Stock Holds Up as FJET Defies Broader Drop

Starfighters Space Stock Holds Up as FJET Defies Broader Drop

Starfighters Space stock jumped 29% to $9.50 on heavy volume after a $17.5 million equity investment update. The company posted no revenue last quarter, burned $4.05 million in operating expenses, and warned of going-concern risks. Ex-CEO Rick Svetkoff is suing for $26 million. Rocket Lab and Intuitive Machines fell sharply, but Starfighters rallied as it seeks more capital to fund its supersonic launch platform.
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 Drops 13%, Questions Raised Around SpaceX IPO Trade

Rocket Lab Drops 13%, Questions Raised Around SpaceX IPO Trade

Rocket Lab plunged 13.1% to $124.74 Monday after a sharp rally, as traders reassessed the stock ahead of SpaceX’s record-setting June IPO. Despite new contracts, a $90 million Space Force deal, and the Motiv Space Systems buyout, investors are eyeing risks tied to Rocket Lab’s unproven Neutron rocket and a high valuation at 124 times trailing sales. Q1 revenue rose 63.5% to $200.3 million; backlog stands at $2.2 billion.
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.
Rocket Lab Surge Pauses as Space IPO Momentum Faces Wall

Rocket Lab Surge Pauses as Space IPO Momentum Faces Wall

Rocket Lab shares fell 6.5% to $138.37 by midday Friday, erasing part of this week’s rally. The drop followed a failed Blue Origin rocket test and reports SpaceX may target a lower IPO valuation. Rocket Lab cleared a key Space Development Agency review for its $816 million missile-warning satellite contract. The company also completed its acquisition of Motiv Space Systems.
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.
Rocket Lab gets Pentagon nod; SpaceX IPO talk fuels sector

Rocket Lab gets Pentagon nod; SpaceX IPO talk fuels sector

Rocket Lab cleared a key system requirements review for the Space Development Agency’s $816 million missile-warning satellite program, keeping the project on schedule. Shares rose 5.5% in premarket trading amid broader interest in space stocks. The company also secured a $90 million U.S. Space Force contract and completed its acquisition of Motiv Space Systems. First-quarter revenue reached $200.3 million, up 63.5% from last year.
Rocket Lab Stock Hits Record as RKLB’s Neutron Bet Gets Its Toughest Test

Rocket Lab reopens after $90 million NASA deal, traders eye $3 billion debate

Rocket Lab shares rose 8.22% Friday to $135.76 after announcing a $90 million U.S. Space Force contract and a successful Electron launch for Synspective. The company may sell up to $3 billion in stock, raising dilution concerns. U.S. markets were closed Monday for Memorial Day and reopen Tuesday. SpaceX’s reported Nasdaq IPO filing is drawing attention to public space stocks.
Tema’s NASA ETF Tops $1 Billion as SpaceX Buzz Grows Ahead of Holiday

Tema’s NASA ETF Tops $1 Billion as SpaceX Buzz Grows Ahead of Holiday

Tema Space Innovators ETF closed Friday at $38.76, up 6.13%, after gaining 12.3% for the week. The fund reported $1.42 billion in assets and a 10.24% SpaceX SPV holding as of May 22. SpaceX’s IPO filing and a Starship test fueled trading ahead of the U.S. market’s Memorial Day closure. NASA ETF traded 10.74 million shares Friday, outpacing rival space funds.
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.
Rocket Lab Shares Slide Premarket On $3 Billion Sale Plan During SpaceX IPO Week

Rocket Lab Shares Slide Premarket On $3 Billion Sale Plan During SpaceX IPO Week

Rocket Lab filed to sell up to $3 billion in common stock, sending shares down to $126.75 in premarket trading from Wednesday’s $134.28 close. The move comes as SpaceX filed for a public IPO, raising valuation pressure across the sector. Rocket Lab’s year-to-date gain stood near 92% before the late-Wednesday announcement. The company reported $200.3 million in Q1 revenue and a $2.2 billion backlog.
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Stock Market Today

  • TG Therapeutics (TGTX) Surges 7.5% on Positive Phase 1 Data; Upside Potential Explored
    June 11, 2026, 6:52 AM EDT. TG Therapeutics (TGTX) shares jumped 7.5% to $46.62 on strong volume following positive Phase 1 clinical data for BRIUMVI in myasthenia gravis patients. The company initiated a Phase 2 trial for BRIUMVI as maintenance therapy. Quarterly earnings are expected at $0.42 per share, a 147% increase year-over-year, with revenues forecasted to rise 63% to $230.64 million. Earnings per share (EPS) estimates have been revised upward by 10.6% in the past month, a trend often linked to stock price gains. TG Therapeutics holds a Zacks Rank #3 (Hold). Sector peer Nurix Therapeutics (NRIX) declined 2.2%, maintaining a Zacks Rank #4 (Sell).

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