Today: 21 May 2026
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NASDAQ:RKLB 9 June 2025 - 28 June 2025

This Week in Space: New Frontiers, Private Astronauts, and the Next Era of Observation / Updated: 2025-06-28 08:00

This Week in Space: New Frontiers, Private Astronauts, and the Next Era of Observation / Updated: 2025-06-28 08:00

NASA’s James Webb Space Telescope captured the first direct image of exoplanet TWA 7b, a Saturn-mass world 110 light-years away. China launched the Zhongxing-9C satellite, completing localization of its broadcast satellites. Asteroid 2024 YR4 has a 4.3% chance of hitting the Moon in 2031–2032. SpaceX added 27 Starlink satellites, raising the active constellation to nearly 8,000.
28 June 2025
Space Technology News Roundup: Satellites, Launches & Deep Space Updates / Updated: 2025-06-27 16:54

Space Technology News Roundup: Satellites, Launches & Deep Space Updates / Updated: 2025-06-27 16:54

ESA’s Biomass satellite released its first high-resolution images using P-band SAR, enabling 3D mapping of forests for carbon accounting. Rocket Lab’s 67th Electron launch deployed four satellites, marking its ninth mission this year. Amazon’s Project Kuiper launched 27 more satellites on an Atlas V, reaching 54 in orbit. Finland acquired its first military SAR satellites from ICEYE for independent surveillance.
Latest Satellite News & Insights 25.06.2025

Latest Satellite News & Insights 25.06.2025

EarthDaily Analytics launched its first Earth observation satellite, beginning a ten-satellite constellation set to be fully operational next year. SpaceX sent 27 Starlink satellites into orbit from Cape Canaveral, bringing the active total to over 7,800. James Webb Space Telescope captured its first direct image of exoplanet TWA 7 b. ESA's Biomass satellite released its first global forest radar images.
Global Space Launch Roundup (June 2025): SpaceX, ULA, Blue Origin, Rocket Lab, Honda, CNSA and More

Global Space Launch Roundup (June 2025): SpaceX, ULA, Blue Origin, Rocket Lab, Honda, CNSA and More

Texas granted Starbase authority to close State Highway 4 and Boca Chica Beach during launches, shifting control from county officials to SpaceX-aligned city officials. The FAA raised Starbase’s launch cap to 25 per year. On June 23, SpaceX launched two Falcon 9 missions, including Transporter-14 from Vandenberg with over 45 satellites and two reentry capsules. Blue Origin’s NS-33 flight was scrubbed twice due to high winds.
Satellite Financing, M&A, and IPO Tracker 2024–2029

Satellite Financing, M&A, and IPO Tracker 2024–2029

Global space startup funding rebounded to $8.6–$9.5 billion in 2024, with $6 billion raised by Q3, nearly matching 2023’s total. Seventy-three space-related acquisitions were announced, up 39% from 2023, including SES’s $3.1 billion deal for Intelsat and Apple’s $1.5 billion investment in Globalstar. Lockheed Martin, KBR, and Rocket Lab also announced major acquisitions.
Laser Wars in Orbit: The 2024-2030 Boom in Optical Inter-Satellite Links

Laser Wars in Orbit: The 2024-2030 Boom in Optical Inter-Satellite Links

The global Optical Inter-Satellite Links market reached US$402 million in 2024 and is projected to hit US$2.0 billion by 2030, driven by major LEO constellations and U.S. and Chinese programs. China set a 400 Gbps laser link record and launched 12 satellites with 100 Gbps ISLs in May 2025. North America is forecast to lead the market, with Europe and Asia-Pacific expanding rapidly. Rocket Lab plans to acquire Mynaric for up to US$150 million in 2025.
Rocketing into the Future: Smallsat Launch Services Set to Skyrocket (2025–2032)

Rocketing into the Future: Smallsat Launch Services Set to Skyrocket (2025–2032)

Over 2,300 small satellites launched in 2022, a 32% jump from 2021, now making up more than 95% of all satellites sent to orbit. Analysts expect the smallsat launch market to surpass $60 billion by 2030, driven by megaconstellations and government demand. SpaceX leads with low-cost rideshare launches, while Rocket Lab and others compete as prices per kilogram continue to fall.
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Stock Market Today

  • Intuit Stock Falls 60%, Trading at 14x Forward Earnings - Is It a Buy?
    May 21, 2026, 11:01 AM EDT. Intuit (INTU) shares plunged nearly 60% from their 52-week high to $332, now trading at about 14 times its raised FY26 earnings per share (EPS) forecast of $23.80-$23.85. This valuation marks a sharp contraction from the historical 30x forward multiple, reflecting market concerns over DIY tax segment weakness and AI disruptions in bookkeeping. Despite a 17% workforce cut and restructuring costs, Intuit shifts focus to higher-margin assisted tax services, with TurboTax Live revenue expected to rise 36%. The firm holds a 62% share of the U.S. accounting market and shows robust growth in mid-market software and payment volumes. Analysts assign a consensus price target of $567, signaling potential upside amid operational realignment and sustained ecosystem strength.

Latest articles

Xanadu Jumps on $300 Million Capital Plan

Xanadu Jumps on $300 Million Capital Plan

21 May 2026
Xanadu shares rose as much as 8.9% Thursday after the Toronto company announced a $300 million equity facility and a quantum algorithm update. The Nasdaq-listed stock traded at $15.39, up $1.26, on volume of 3.1 million shares. The facility allows Xanadu to sell Class B shares over three years but does not require it. The announcement followed a sector rally sparked by new U.S. quantum funding.
GlobalFoundries shares jump after U.S. quantum funding news

GlobalFoundries shares jump after U.S. quantum funding news

21 May 2026
GlobalFoundries shares surged 12.7% to $79.75 after the company announced a $375 million letter of intent from the U.S. Department of Commerce to support quantum-chip manufacturing. Trading volume topped 3.4 million shares by mid-morning. The company also launched Quantum Technology Solutions and will pay its first quarterly dividend on July 14. The Nasdaq fell 0.4% in early trading.
Mister Car Wash Stock Drops Off Nasdaq After $3.1 Billion Deal

Mister Car Wash Stock Drops Off Nasdaq After $3.1 Billion Deal

21 May 2026
Mister Car Wash shares have stopped trading after Leonard Green & Partners closed its $3.1 billion take-private deal. Public shareholders will receive $7.00 per share in cash; the stock last traded at $7.10 on May 19. The company will be delisted from Nasdaq and has been removed from the S&P SmallCap 600, replaced by F&G Annuities & Life.
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