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Space Industry 12 June 2026 - 19 June 2026

Rocket Lab Drops Even After Nasdaq-100 Nod, SpaceX IPO Buzz Fades

Rocket Lab holds ground ahead of Nasdaq-100 debut after selloff led by SpaceX

Rocket Lab shares head into the U.S. long weekend with a small weekly rise and the next move coming as the stock joins the Nasdaq-100 ahead of Monday’s bell. That follows volatility among space stocks as SpaceX roiled the sector. The shares finished at $107.24 on Thursday, off 0.69%, with U.S. markets closed Friday for Juneteenth. The timing is key here. Rocket Lab joins the Nasdaq-100, the index for large non-financial Nasdaq companies, just before markets open on June 22. Nasdaq says more than 200 investment products track the index, totaling over $800 billion in assets under management. That puts Rocket Lab in front of plenty of passive funds, which simply track the index.
Rocket Lab Drops Even After Nasdaq-100 Nod, SpaceX IPO Buzz Fades

Rocket Lab stock slips as Nasdaq-100 entry nears and SpaceX fever cools

Rocket Lab Corporation shares slipped on Thursday after a volatile, heavy-volume session, as investors weighed its looming Nasdaq-100 entry against fresh pressure from SpaceX’s post-IPO retreat. The stock finished at $107.24, down 0.7%, after trading between $101.12 and $110.98. The timing matters. Thursday was the last regular U.S. equity session before the Juneteenth market holiday, and Rocket Lab is scheduled to join the Nasdaq-100 before trading opens Monday. The Nasdaq-100 is the index of the largest non-financial companies listed on Nasdaq; index inclusion can force funds that track it to buy a stock, though that buying says little by itself about the company’s earnings power.
AST SpaceMobile Drops Premarket After SpaceX BlueBird 8-10 Launch

AST SpaceMobile Drops Premarket After SpaceX BlueBird 8-10 Launch

AST SpaceMobile shares fell in early U.S. premarket trade Wednesday. This was after SpaceX said it had deployed three more BlueBird satellites for the company’s direct-to-cell network. The service is supposed to connect regular mobile phones to satellites, with no extra hardware. AST shares were recently quoted at $82.25 in premarket trade, off roughly 6% from where they finished Tuesday. Premarket action happens ahead of Nasdaq’s 9:30 a.m. open. At that price, AST’s market cap stood near $23.9 billion.
ARK ramps up SpaceX buys as Musk-led stocks keep rallying

ARK ramps up SpaceX buys as Musk-led stocks keep rallying

ARK Invest has bought a stake in SpaceX valued at over $500 million, one of its largest market moves in years as Elon Musk’s rocket and AI company draws new trading interest. Cathie Wood’s firm picked up almost 3.3 million SpaceX shares on IPO day, according to trade figures reported by CoinDesk. Timing stands out in this trade. SpaceX shares jumped after last week’s debut, fueled by strong demand both for the stock and for options contracts. Those contracts let investors buy or sell shares at specific prices. Reuters said Tuesday that SpaceX overtook Amazon’s market cap and at one point passed Microsoft during the session before pulling back.
Rocket Lab, Firefly rebound after KeyBanc dismisses SpaceX IPO pullback

Rocket Lab, Firefly rebound after KeyBanc dismisses SpaceX IPO pullback

Rocket Lab and Firefly Aerospace shares climbed Monday after KeyBanc Capital Markets upgraded both stocks. The call follows what KeyBanc said was an overdone drop last week tied to the SpaceX listing. Analyst Michael Leshock moved Rocket Lab to Overweight from Sector Weight and put a $135 target on the stock. Leshock said the company is “the clear #2 to SPCX,” Investing.com reported. Firefly received an Overweight rating and a $50 price target as well. Rocket Lab and Firefly rebounded following a stretch of losses for space stocks after SpaceX’s IPO got attention. Rocket Lab shares gained 4.3% to $106.84, while Firefly rose 4.3% to $33.25 in the latest trading. SpaceX kept rising, up 8.3% at $174.35 after jumping 19% in its first session on Nasdaq last Friday.
Rocket Lab Drops Even After Nasdaq-100 Nod, SpaceX IPO Buzz Fades

Rocket Lab Jumps Before Nasdaq-100 Debut With KeyBanc Stating Space Shares Were Oversold

Rocket Lab Corporation stock is rebounding in premarket Monday, after last week’s steep drop. RKLB closed at $102.39 Friday, down 10.79%. Ahead of the open, the stock traded at $108.67, up 6.13%, according to MarketWatch. Some traders said buyers are coming back in after the recent selloff. The move follows a new Wall Street upgrade and the company’s addition to the Nasdaq-100. KeyBanc set off the move. Analyst Michael Leshock upgraded Rocket Lab to Overweight from Sector Weight, citing a $135 price target, according to StockAnalysis coverage of The Fly. An Overweight rating means the analyst thinks the shares will beat a benchmark or group of peers. The upgrade followed a rough Friday for the sector—Reuters reported Rocket Lab and Planet Labs both lost about 8% as traders took some money out after SpaceX began trading. Stocks can move up if buyers expect more growth, cash, or demand from index funds. They fall when investors take money off the table, doubt the value, or switch to something they like more.
Fed, Oil Prices, and SpaceX Draw Attention Prior to Tuesday’s Open

Fed, Oil Prices, and SpaceX Draw Attention Prior to Tuesday’s Open

U.S. stocks look a bit steadier heading into Tuesday’s June 16 open, but caution is still the mood. The S&P 500 ended Friday at 7,431.46, up 0.50%. The Dow closed at 51,202.26 for a 0.70% gain. The Nasdaq added 0.31% to 25,888.84. Those gains helped after the market’s recent swings. Two main worries stay in play: higher oil prices and what the incoming Fed leadership might do. Brent crude traded at $86.80. The 10-year Treasury yield was near 4.48%, Reuters market data showed. Both will matter for where stocks go next. U.S.-Iran talks are driving markets after Pakistan’s Prime Minister Shehbaz Sharif announced a deal, with Donald Trump confirming it. Reuters reported that full terms remain murky, but early drafts pointed to reopening the Strait of Hormuz and lifting the U.S. port blockade on Iran. Trump posted, “Ships of the World, start your engines. Let the oil flow!” Traders say a real reopening could push stocks higher as lower oil might ease fuel costs, cut inflation, and help spending. Failed talks would likely send money back toward energy names, cash, and defensive stocks.
EchoStar Dips as SpaceX IPO Makes SATS a Hotter Risk Bet

EchoStar Dips as SpaceX IPO Makes SATS a Hotter Risk Bet

EchoStar Corporation shares on Nasdaq tumbled 11.0% Friday to close at $114.08, after swinging between $106.56 and $131.22 on volume of about 50.2 million, the company’s investor-relations page showed. The selloff stood out as SpaceX grabbed attention with its first day on the market; Reuters said SpaceX jumped 19% to finish at $160.95, and the main indexes all ended positive. EchoStar has been a public-market proxy for SpaceX, but that trade isn't as clean now. SpaceX started trading, and with that, some investors dumped EchoStar because they could get SpaceX exposure directly. EchoStar shares dropped 11% on Friday along with other space and satellite stocks, as investors moved out of second-tier names after SpaceX debuted as its own stock, Reuters said.
AST SpaceMobile Dips as Space IPO Buzz Fades Ahead of BlueBird Launch

AST SpaceMobile Dips as Space IPO Buzz Fades Ahead of BlueBird Launch

AST SpaceMobile shares slid in the most recent session, caught in a sector-wide drop rather than anything specific to the company. The stock, which trades on Nasdaq, was last at $82.41, off 15.5%, putting the market cap near $24.0 billion. U.S. space stocks fell sharply Friday as investors took profits following SpaceX’s market debut, Reuters said, with AST SpaceMobile one of the biggest losers. ASTS has turned into a high-expectation stock. Its price relies on hitting satellite milestones, but also depends a lot on what investors will pay now for future revenue. Reuters cited Chris Beauchamp, the chief market analyst at IG Group, who said investors may worry “that the hype can't quite live up to expectations.” That comment fits a loss-making company like ASTS, which is still pouring capital into its rollout.
Redwire Drops After SpaceX IPO, $500 Million Equity Move Cloud 2026 Run

Redwire Drops After SpaceX IPO, $500 Million Equity Move Cloud 2026 Run

Redwire Corporation stumbled hard on Friday, with shares closing at $15.12 after chopping between $14.75 and $18.45. Volume cleared 64 million shares. Market cap was near $2.93 billion. Redwire is still not profitable, and it trades on big growth bets, so when space plays fall out of favor, the price swings fast. Space stocks came under pressure again after a rough week. Redwire dropped 17.8% over the week, trailing the S&P 500 and Nasdaq Composite, which both rose 0.7%. That’s from The Motley Fool, which noted Redwire shares are still up 99% year to date even after the decline. The report pointed to risk-off moves, political volatility, and SpaceX’s new public listing, which drew money and attention to the sector’s latest major stock.
ARK Loads Up on SpaceX Post-IPO, Trims Teradyne, Iridium, Archer

ARK Loads Up on SpaceX Post-IPO, Trims Teradyne, Iridium, Archer

ARK Invest, run by Cathie Wood, ramped up buying in SpaceX after the Elon Musk company started trading publicly, shifting a week of portfolio selling into a new bet on a headline IPO. Investor’s Business Daily said ARK snapped up almost 3.3 million SpaceX shares on the first day. Reuters said SpaceX stock surged 19% in its Nasdaq debut, following a record $75 billion IPO. SpaceX closed Friday at $160.95 per share, which values the company near $2.1 trillion, Reuters said. That puts it at number six among U.S. companies by market cap. The debut was enough to push Musk’s net worth into the trillions on paper as investors bought into a story built on rockets, satellites, and AI. Reuters pointed out that SpaceX isn’t profitable.
Space stocks trade volatile as SpaceX, Rocket Lab and AST SpaceMobile lead

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's rally was bullish for space exposure, but existing space stocks got hit. Rocket Lab and Planet Labs each lost about 8% on Friday, Reuters said. Intuitive Machines fell 11%. AST SpaceMobile dropped more than 12%. Virgin Galactic slid 28% as investors took profits after a lengthy run-up in the sector. “The space sector has seen a strong run up,” Chris Beauchamp, chief market analyst at IG Group, told Reuters. He said investors may worry “the hype can’t quite live up to expectations.”
SPCX Remains Above IPO Price After Trading Opens; Investors Look to Options and Indexes

SPCX Remains Above IPO Price After Trading Opens; Investors Look to Options and Indexes

Space Exploration Technologies Corp. grabbed attention among new listings after its blockbuster IPO. The company set SPCX at $135 a share, bringing in $75 billion. The stock quickly traded higher—latest quote was $160.95, putting SpaceX nearly 19% above the issue price. Early investors sat on quick gains, while latecomers paid up compared to the IPO allocation. SpaceX became a public company with a valuation of $1.77 trillion at its IPO, making it a megacap stock right out of the gate. Shares jumped on the first day, sending the company's market cap above $2 trillion while trading. Nasdaq noted the debut, saying SPCX listed on the exchange on June 12. Reuters has the details.
13 June 2026
Redwire Drops After SpaceX Listing, Investors Eye Dilution

Redwire Drops After SpaceX Listing, Investors Eye Dilution

Jacksonville, Florida, June 12, 2026, 19:02 EDT 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.
Rocket Lab Shares Drop After Nasdaq-100 Inclusion, SpaceX Listing Hits Sector Valuations

Rocket Lab Shares Drop After Nasdaq-100 Inclusion, SpaceX Listing Hits Sector Valuations

Rocket Lab Corporation’s shares tumbled Friday, despite grabbing a place in the Nasdaq-100. Investors moved on from index buying and started booking profits in space stocks. RKLB finished down 10.79% at $102.39, then edged up to $104.56 after hours, MarketBeat data showed. Nasdaq is adding Rocket Lab, Astera Labs, CoreWeave, Nebius, and Teradyne to the Nasdaq-100 Index before the open on Monday, June 22, according to the exchange. They’ll replace Charter Communications, Cognizant, Insmed, Verisk Analytics, and Zscaler. The Nasdaq-100 measures 100 of the biggest non-financial companies on the exchange. Nasdaq says products tracking the index hold over $800 billion, which means index funds usually adjust holdings to match the changes.
SpaceX Surges Post-IPO as SPCX Hits Nasdaq 100, Price and Valuation Move

SpaceX Surges Post-IPO as SPCX Hits Nasdaq 100, Price and Valuation Move

New York, June 12, 2026, 12:55 PM EDT SpaceX stock blasted higher in Friday’s debut, with the SPCX ticker drawing heavy attention on Wall Street. The stock was last at $167.83 after opening at $150. That’s above the IPO price of $135. An IPO is when a company sells shares to the public for the first time. With 13.08 billion shares outstanding, according to Reuters, the price gives SpaceX a market cap near $2.2 trillion.
Momentus Stock Slides as $25 Million Share Sale Tests Space Rally

Momentus Stock Slides as $25 Million Share Sale Tests Space Rally

Momentus Inc. shares came under pressure Friday after the San Jose-based space infrastructure company announced a new $25 million registered direct offering, a sale of newly issued shares directly to selected investors under an effective registration statement. The company said it agreed to sell 1,851,852 shares of common stock to new and existing long-term institutional investors, with closing expected on or about June 15, subject to customary conditions. Momentus said the net proceeds are intended for working capital and general corporate purposes. The stock was trading around $13 in early New York trading, down about 20% from Thursday’s $16.30 close, according to live market data and Investing.com’s Friday report on the offering-driven selloff. The drop matters because stock offerings can create dilution, meaning existing shareholders own a smaller percentage of the company after new shares are issued, even if the cash raised improves the balance sheet.
Intuitive Machines Stock Rebounds as SpaceX IPO Buzz Tests LUNR’s Valuation

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. The move matters because Intuitive Machines has become one of the more liquid public-market ways to trade enthusiasm around lunar infrastructure, NASA spending and commercial space services. Stocks rise when buyers are willing to pay more because expected future growth, sentiment or liquidity improves; they fall when risks such as weaker earnings, contract losses or shareholder dilution reduce confidence. For LUNR, both forces are active: SpaceX’s listing is pulling attention toward the sector, but recent company-specific news has made the valuation harder to defend.

Stock Market Today

  • Linkhome Holdings (NASDAQ:LHAI) Jumps 315% After Closing Mortgage One Deal
    July 2, 2026, 10:26 AM EDT. Shares of Linkhome Holdings (NASDAQ:LHAI) shot up 315.15% to $2.74 after the company closed its $28 million buyout of Mortgage One Group. The deal, which gives Linkhome 18 state licenses and adds warehouse lending capacity, involved giving 300,000 shares and potential earnouts. Linkhome's market cap jumped to $44.5 million, $33.8 million over where it finished on Tuesday. Warehouse capacity now equals about 63% of market value, much less than the 2.6 times ratio before the surge. More than 338 million shares switched hands, nearly 21 times shares outstanding. CEO Bill Qin said they're now moving on GPU-financing aimed at AI infrastructure. Q1 revenue came in at $4.91 million.
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