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Space Industry 20 June 2026 - 2 July 2026

Space Exploration Technologies Corp (NASDAQ:SPCX) faces short pressure ahead of Nasdaq-100 entry

Space Exploration Technologies Corp (NASDAQ:SPCX) faces short pressure ahead of Nasdaq-100 entry

Space Exploration Technologies Corp is in focus for a squeeze going into Thursday, and it’s drawing more eyes than the index-driven buying expected next week. As of Wednesday’s close, the projected Nasdaq-100 passive buy adds up to roughly 27 million shares. That covers just 14% of the current short interest. The stock is still trading about 17% above the $135 IPO price, but since the debut, most of the action is now around the float. Short interest hit 196 million shares, or roughly 31% of the free float, as of Tuesday, according to Ortex. That was up from 83 million shares, or 13%, just a week ago. “It’s extraordinary for a stock that has been public less than a month,” Ortex co-founder Peter Hillerberg said. He called the short trade a “roller coaster” for shorts.
AT&T faces $15.7 billion SpaceX hit as stock selloff weighs on dividend plans

AT&T faces $15.7 billion SpaceX hit as stock selloff weighs on dividend plans

AT&T Inc. traded lower before Thursday’s open, with shares at $20.48, down $0.205, or 1.0%, in premarket action. The move comes as SpaceX’s push has investors reassessing U.S. telecom risk. The core NYSE session will run from 9:30 a.m. to 4:00 p.m. ET on regular trading days, though July 3 is counted as the Independence Day observed holiday. Investors are pulling out their calculators after the “Big Three” telecom stocks tanked again, with Barron’s saying $15.74 billion got wiped off AT&T’s market cap. That drop is part of a $46 billion combined slide for AT&T, Verizon Communications Inc., and T-Mobile US Inc.. For AT&T, losing that much in market value is about the same as two full years of 2026 buybacks at the pace the company mapped out, or about 35% of the $45 billion-plus AT&T wants to hand back in dividends and buybacks between 2026 and 2028.
Iridium stock trades above Rocket Lab’s $54 bid as collar math narrows deal spread

Iridium stock trades above Rocket Lab’s $54 bid as collar math narrows deal spread

Iridium Communications Inc traded through Rocket Lab Corporation’s proposed takeover value before Tuesday’s regular session, a small gap with a large message: the market is giving the target more than the headline cash-stock price while the deal still has a long path to close. At the dateline time, Nasdaq was in pre-market hours. Its regular session opens at 9:30 a.m. ET, and its 2026 holiday schedule does not list June 30 as a closure. The next listed U.S. stock-market closure is July 3, for Independence Day observed.
Rocket Lab-Iridium deal puts cash-flow satellites in focus for space stocks in June 2026

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. Monday’s rally didn’t look like a clean sweep for space stocks. Rocket Lab ended up 15.9% at $98.01. Iridium climbed 25.4% to $54.59. AST SpaceMobile Inc. jumped 21.3% to $86.77. Planet Labs PBC added 15.5% at $31.28. Viasat Inc. closed up 23.8% at $76.69. SpaceX, which listed this month, finished the day up 7.0% at $164.19.
Rocket Lab (NASDAQ:RKLB) to acquire Iridium (NASDAQ:IRDM) in $8B deal

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. Rocket Lab Corporation said it will acquire Iridium Communications Inc. in a cash-and-stock deal that puts an $8 billion tag on the satellite operator. Investors will probably notice Rocket Lab paying up with its high-valuation public shares to pick up a company already turning out operating profits. Iridium shareholders will be paid $54 a share, split $27 in cash and the rest in Rocket Lab shares, the companies said.
Iridium shares climb with Rocket Lab deal spread at 2.7%, $54 offer in focus

Iridium shares climb with Rocket Lab deal spread at 2.7%, $54 offer in focus

Iridium Communications traded at $52.56 before the market opened Monday, up from its $43.52 finish Friday but still under Rocket Lab’s $54 a share bid in cash and stock. That left a $1.44 discount, or about 2.7% below the offer, with the spread showing what the market sees in terms of deal timing, signoff and risks tied to Rocket Lab shares. Nasdaq’s main session in New York was still closed. The exchange lists normal trading as 9:30 a.m. to 4 p.m. ET, with pre-market running from 4 a.m. up until the open.
AST SpaceMobile spike faces 62 million shares sold short

AST SpaceMobile spike faces 62 million shares sold short

AST SpaceMobile, Inc. traded higher in premarket action Monday, though the short side looked more crowded. MarketWatch’s delayed quote at 7:01 a.m. EDT showed 461,440 shares traded before the bell. Short interest was reported at 62.49 million shares as of June 15, or 24.09% of public float, according to the same MarketWatch page. MarketWatch’s tape had it set up like this:
SpaceX (NASDAQ:SPCX) launch puts Sirius XM Holdings (NASDAQ:SIRI) cash flow to the test

SpaceX (NASDAQ:SPCX) launch puts Sirius XM Holdings (NASDAQ:SIRI) cash flow to the test

CAPE CANAVERAL, Florida, June 29, 2026, 04:12 EDT 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.
SpaceX stock eyes $8 billion index hurdle as shares stumble in first week after IPO

SpaceX stock eyes $8 billion index hurdle as shares stumble in first week after IPO

Space Exploration Technologies Corp., also called SpaceX, starts the week facing a new IPO test. This time it’s about if index funds can keep up demand for a $2 trillion company, where the public float is thin and capital demands remain high. U.S. cash equities are closed for the weekend. SpaceX last changed hands at $153.23, up 13.5% from its $135 IPO but still down roughly 32% from the 52-week peak at $225.64.
Triller stock jumps over 360% as SpaceX-linked deal dwarfs market value

Triller stock jumps over 360% as SpaceX-linked deal dwarfs market value

Triller Group Inc. shares jumped more than fourfold on Thursday after the company said it would buy exposure to Space Exploration Technologies Corp, known as SpaceX, in a transaction whose purchase price is far larger than Triller’s own public equity value. The stock traded at $3.57 at 11:49 a.m. EDT, up about 364%, after opening at $2.56. Volume reached 150.4 million shares, against Google Finance’s listed average volume of 632,130 shares and shares outstanding of 19.75 million. Cboe data showed a volatility pause in ILLR at 9:44:54 a.m. ET, with trading resumed at 9:54:54 a.m. ET.
SpaceX Stock Drops $400 Billion, Wall Street Faces New Test

SpaceX Stock Drops $400 Billion, Wall Street Faces New Test

Space Exploration Technologies Corp. shares struggled again before Tuesday's Nasdaq session. The stock dropped 16.4% to $154.60 on Monday, the steepest loss since its market debut, taking shares under their IPO closing price and wiping out about $400 billion in market cap. Markets hadn’t begun regular trading at the time. The Nasdaq pre-market session operates from 4 a.m. to 9:30 a.m. Eastern. According to its 2026 calendar, the Juneteenth holiday closure falls on June 19, not on Tuesday.
Infleqtion Stock Rises After Quantum Space Announcement, White House Moves

Infleqtion Stock Rises After Quantum Space Announcement, White House Moves

Infleqtion Inc. shares climbed Monday following news the quantum tech company launched a coalition aimed at the space sector. The move added new buying interest for the recently listed stock, which is known for its U.S. government quantum exposure. Shares last traded at $14.21, up roughly 5%. They moved between $13.01 and $15.345, with volume near 18.3 million shares. Washington is shifting from research to procurement as a White House order on Monday pushes for more U.S. work in quantum computing, sensing, and networking. The order sets up five-year quantum sensing and networking plans for Commerce, Energy, the National Science Foundation, and NASA. Quantum sensing uses quantum effects to measure time, gravity, or other signals with high precision.
Rocket Lab (NASDAQ:RKLB) falls on Nasdaq-100 inclusion, SpaceX slide and share sale concerns

Rocket Lab (NASDAQ:RKLB) falls on Nasdaq-100 inclusion, SpaceX slide and share sale concerns

Rocket Lab Corporation fell on Monday as the stock debuted in the Nasdaq-100. The move put RKLB at the center of a trade built on forced index buying, with the price pulled by the broad reset that's hit space companies since SpaceX changed the sector's tone. Rocket Lab shares traded at $99.49, down roughly 7.2%. The stock hit an intraday high at $107.37 and dropped to $96.56. More than 18.8 million shares changed hands by early afternoon in New York.
Veterans Kick Off Indiana Freedom Runs Before America’s 250th

SPCX Faces Pressure With SpaceX’s $60 Billion AI Push Straining Valuation

SpaceX stock slipped ahead of Monday’s U.S. open as traders cashed out gains from the record IPO and priced in the $60 billion Cursor deal. The most recent quote for Space Exploration Technologies Corp. was $185.00, down $6.64 or about 3.46% as of 04:06 EDT. Google Finance’s regular-session close on Thursday also showed $185.00, a drop of $6.82 or 3.56%. At $185, the shares are still 37.0% up from the $135 IPO price, but sit 18.0% below the $225.64 high. Space Exploration Technologies Corp. started publicly trading its Class A shares on the Nasdaq Global Select Market and Nasdaq Texas on June 12, 2026, picking up the ticker “SPCX.” The IPO priced after the underwriters took up their full allotment, with 638,888,888 shares moving and gross proceeds of about $85.7 billion.

Veterans Kick Off Indiana Freedom Runs Before America’s 250th

ANGOLA, Indiana, June 21, 2026, 09:02 EDT 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 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. That matters now because SpaceX is no longer just a stock-market debut. It has become a test of how retail platforms, active funds and index trackers handle a thinly traded, trillion-dollar company whose public float — the shares actually available to trade — is small by mega-cap standards.
Redwire stock slips as shortened week puts focus on share-sale overhang and space-stock pullback

Redwire stock slips as shortened week puts focus on share-sale overhang and space-stock pullback

Redwire Corp shares closed a four-day U.S. trading week lower, leaving the space and defense-technology company facing a Monday test after a sharp June reset in smaller space stocks. The stock last traded at $14.35 on Thursday, nearly flat on the day but down from $15.12 a week earlier. The timing matters. U.S. markets were closed Friday for Juneteenth and are shut over the weekend, so investors have had an extra pause to weigh Redwire’s stock-sale filing, sector volatility and the company’s still-unproven path from orders to profit.
SpaceX ETF Rush Hits Retail Risk Nerve After Record IPO

SpaceX ETF Rush Hits Retail Risk Nerve After Record IPO

SpaceX’s debut week trading as a public company is seeing Wall Street put Elon Musk trades to the test. Over $10 billion has already moved through leveraged funds tied to the rocket-and-satellite firm. Flows in big ETFs hit Cathie Wood’s flagship fund hard. The rush is key because the SpaceX IPO isn’t just another capital-markets event. Now it’s running into the ETF world—these funds trade like stocks and can put investors into popular trades fast. That can drive demand even higher. It can also crank up losses.
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Stock Market Today

  • Amplitude (AMPL) Pops 11.8% on Revenue Jump, Bigger Customer Base
    July 2, 2026, 9:13 AM EDT. Amplitude (AMPL) rallied 11.8% to $8.55 in heavy trading, bouncing after recent declines. The company posted a 17% year-on-year revenue gain and reported net dollar retention up sequentially to 106% for Q1 2026. Customers spending over $100,000 yearly grew by 18%. Amplitude said it's working with Statsig to bring Statsig customers over. The company still sees a $0.01 per share quarterly loss, with revenue guidance at $97.76 million, up 17.4%. EPS estimates didn't move, pointing to limited share price upside in the short term. AMPL holds a Zacks Rank #3 (Hold). Direction depends on where earnings estimates go next, so investors are watching closely.
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