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Space Industry 5 June 2026 - 12 June 2026

Planet Labs Gets a Lift After SpaceX IPO, Space Stocks Back in Play

Planet Labs Gets a Lift After SpaceX IPO, Space Stocks Back in Play

Planet Labs PBC ended Thursday at $34.17, climbing 11.23% after a turbulent stretch for the Earth-imaging stock. The share price had dropped after earnings and a financing update last week. The rebound lined up with a fresh round of buying in commercial space stocks as investors searched for exposure before SpaceX’s Friday debut. Planet’s stock is reacting mainly to sentiment right now. Investors push stocks higher if they expect more growth, but new risks drag valuations down. Reuters said SpaceX raised $75 billion, calling it the largest IPO ever, with shares sold at $135 and a $1.77 trillion valuation. “SpaceX is going to be the bellwether,” Mark Klein, CEO and president of SuRo Capital, told Reuters. What happens in SpaceX’s first day of trading could be the next big move for Planet and other space companies as the market sets new multiples.
EchoStar Stock Rallies as SpaceX IPO Puts SATS’ Spectrum Bet Back in Focus

EchoStar Stock Rallies as SpaceX IPO Puts SATS’ Spectrum Bet Back in Focus

EchoStar Corporation shares are back in focus after a sharp move higher tied to SpaceX’s record initial public offering, or IPO, the first sale of a company’s shares to public investors. EchoStar closed Thursday at $128.13, up 11.19%, and Google Finance showed the stock at $135.15 in premarket trading Friday, another 5.48% higher. The rally coincided with SpaceX pricing its IPO at $135 a share, raising $75 billion and valuing the company at $1.77 trillion before its expected Nasdaq debut. The reason this matters for SATS is that EchoStar is no longer trading only on its satellite TV, wireless and broadband businesses. It has become a public-market proxy for SpaceX after agreeing to sell AWS-4 and H-block spectrum licenses — spectrum means licensed airwaves used to carry wireless signals — to SpaceX for about $17 billion, split between up to $8.5 billion in cash and up to $8.5 billion in SpaceX stock. EchoStar also said SpaceX would fund about $2 billion of EchoStar debt-interest payments through November 2027, while the companies plan a commercial deal giving Boost Mobile subscribers access to Starlink Direct to Cell service.
AST SpaceMobile Stock Jumps Before June 17 BlueBird Launch as SpaceX IPO Tests Space Trade

AST SpaceMobile Stock Jumps Before June 17 BlueBird Launch as SpaceX IPO Tests Space Trade

AST SpaceMobile stock is back in focus after a sharp rebound ahead of Friday’s expected SpaceX market debut and the company’s next satellite launch. ASTS closed Thursday at $97.56, up 11.73%, according to market data, reversing part of a volatile stretch that included a 3.6% drop on Tuesday after an early rally faded. The move matters because investors are treating AST not just as a telecom stock, but as a direct-to-device satellite broadband play, a business model in which satellites connect directly to ordinary smartphones without a special handset or satellite terminal. The immediate company-specific catalyst is AST’s scheduled launch of BlueBird 8, 9 and 10 on June 17 from Cape Canaveral, Florida, aboard a SpaceX Falcon 9 rocket, with liftoff targeted for 2:39 a.m. EDT and backup opportunities through 4:15 a.m. AST President Scott Wisniewski called the launch “another important milestone” as the company continues deploying its space-based cellular broadband network. For the stock, a successful launch would help rebuild confidence in AST’s deployment schedule after recent launch-related setbacks; a delay or technical issue would likely refocus investors on execution risk.
SpaceX IPO Today: 5 Things to Know Before Buying SPCX Stock

SpaceX IPO Today: 5 Things to Know Before Buying SPCX Stock

SpaceX’s initial public offering — an IPO, or the first sale of a company’s shares to public investors — is set to become today’s dominant market event. The company confirmed it priced 555,555,555 Class A shares at $135 each, with trading expected on the Nasdaq Global Select Market and Nasdaq Texas under SPCX, and Reuters reported that the sale raised $75 billion and valued SpaceX at $1.77 trillion. For stock buyers, the key point is that $135 is the offering price, not necessarily the price retail investors will pay once Nasdaq’s opening auction sets the first tradable price. The first thing to know is that valuation is already stretched by ordinary public-market standards. Reuters reported that SpaceX generated only a fraction of the revenue of similarly valued technology giants and posted a loss of nearly $5 billion last year; at $1.77 trillion against 2025 revenue of $18.67 billion, the price-to-sales multiple — market value divided by annual revenue — is about 95 times trailing sales. That makes the stock highly sensitive to any disappointment in Starlink growth, AI execution or investor appetite after the debut.
Virgin Galactic Trades Higher on SpaceX IPO Buzz, SPCE Volume Jumps

Virgin Galactic Trades Higher on SpaceX IPO Buzz, SPCE Volume Jumps

Virgin Galactic Holdings, Inc. rallied Thursday, jumping 21.66% to $5.73, its third straight day of gains. Investors showed strong demand for space stocks ahead of SpaceX’s IPO. Volume soared, with 117.7 million SPCE shares changing hands, far above the 50-day average of 28.3 million, MarketWatch said. Broader markets were also in the green. The Nasdaq Composite rose 2.54%, the Dow Jones Industrial Average added 1.86%, and the S&P 500 gained 1.75%. Virgin Galactic stretched its rally after hours, popping 13.26% to $6.49 after hitting $6.17 and dipping to $4.63 in the regular session, Benzinga said. MarketWatch data showed that, despite Thursday’s surge, the stock is still trading 35.62% under the $8.90 52-week high from June 1.
SpaceX lands $75 billion IPO at $135 a share

SpaceX lands $75 billion IPO at $135 a share

Space Exploration Technologies Corp. will start trading on Friday after pricing its IPO at $135 a share. The company sold 555,555,555 shares in the offering. Shares are set to begin trading June 12 on the Nasdaq Global Select Market and Nasdaq Texas under the ticker “SPCX.” The deal should close June 15, pending usual conditions. Underwriters have a 30-day option to pick up as many as 83,333,333 more Class A shares. Nasdaq’s market-activity page for SPCX early Friday said quote data was unavailable and showed that the stock wasn’t actively trading, so $135 stayed the only confirmed public reference price from the IPO before the regular session. That’s important for investors looking at the SpaceX stock price, since pre-debut signs and derivatives do not count as an official Nasdaq print.
Rocket Lab Shares Surge as SpaceX IPO Chatter Returns RKLB to Spotlight

Rocket Lab Shares Surge as SpaceX IPO Chatter Returns RKLB to Spotlight

Rocket Lab Corporation shares jumped Thursday with traders moving into space stocks before SpaceX’s expected IPO. The stock ended the Nasdaq session at $114.78, up 9.26%. After-hours, shares touched $119.24 by 6:58 p.m. EDT, MarketScreener data showed. U.S. stocks jumped in a risk-on session. The Dow Jones Industrial Average added 1.86%, S&P 500 up 1.75%, Nasdaq Composite gained 2.54%. Reuters said SpaceX set its U.S. IPO price at $135 per share, collecting $75 billion and putting the company’s valuation at $1.77 trillion.
EchoStar Gains as SpaceX IPO Buzz Lifts SATS Shares

EchoStar Gains as SpaceX IPO Buzz Lifts SATS Shares

EchoStar Corporation jumped Thursday afternoon, catching attention as the satellite and telecom stock climbed while SpaceX’s debut loomed. SATS last traded at $125.67 at 13:58 EDT, up $10.43. Shares moved between $115.98 and $126.58 on volume topping 10.3 million. The market cap is now close to $36.3 billion. SpaceX’s push toward an IPO has drawn investor attention, with Reuters saying Thursday that BlackRock looked to buy at least $5 billion of the shares. Reuters cited the Wall Street Journal, which reported the order book shut on Wednesday before planned Nasdaq trading on Friday. Reuters also said it hadn’t been able to confirm the WSJ story itself.
Momentus jumps 40% on heavy trading and SpaceX IPO talk

Momentus jumps 40% on heavy trading and SpaceX IPO talk

Momentus Inc. jumped Thursday as retail traders bought back into small-cap space names. MNTS traded close to $16 in early afternoon on Nasdaq, moving up from an open below $12. The stock was quoted at $16.13 at 13:39 EDT on Google Finance, up 42.24% on the day, after hitting a session high of $16.40 and a low of $11.15. Momentus shares kept up their wild week, with trading jumping as interest in public space names stayed high. Volume hit about 14.7 million, double the 7.1 million average, according to Robinhood market data. Still, the stock traded nowhere near its 52-week high of $43.55, though it stayed above the 52-week low at $3.11.
Virgin Galactic Pops 20% as Investors React to $30.5M Debt Swap

Virgin Galactic Pops 20% as Investors React to $30.5M Debt Swap

Virgin Galactic Holdings, Inc. stock jumped Thursday as traders piled in following a share-funded debt redemption. SPCE traded at $5.67 in the last check, up 20.4% from Wednesday’s close. The stock opened at $4.64 and swung between $4.62 and $5.77 during the session, with volume around 53.4 million shares. Virgin Galactic said in a June 10 SEC filing it redeemed $30.524 million in 9.80% First Lien Notes due 2028, giving holders 6,734,960 common shares for the notes. The share total was calculated using the stock’s volume-weighted average over five days.
Redwire Stock Bounces as $500 Million Share Sale Draws Focus

Redwire Stock Bounces as $500 Million Share Sale Draws Focus

Redwire Corporation stock edged higher Thursday morning, though some uncertainty lingered as traders weighed a sizable new share offering. RDW was last seen at $16.11 at 9:49 a.m. EDT, up $1.24 from where it closed before, after starting the day at $14.88 and reaching as much as $16.26. Around 9.7 million shares had changed hands by then. The company’s market cap was about $3.12 billion at that level. Redwire filed a prospectus supplement on June 9 for an at-the-market equity program that could raise up to $500 million. The ATM gives Redwire the option to sell shares in the open market over time at market prices, not all at once like a standard underwritten deal. The company also said it had already offered and sold $349,999,993.77 of stock under its previous equity distribution agreement from May 6, which it canceled when it launched the new program.
SpaceX IPO: SPCX $135 Listing Meets $250 Billion Demand

SpaceX IPO: SPCX $135 Listing Meets $250 Billion Demand

SpaceX is in the last stretch of pricing its planned Nasdaq IPO, with investor demand way above the shares available and the $135-a-share level in focus ahead of Friday’s open. Bookrunners have seen more than $250 billion in orders for a $75 billion deal, leaving it about three-and-a-half to four times oversubscribed. Allocations haven’t been finalized yet, and interest could shift before books close. Space Exploration Technologies Corp. said it plans to sell 555,555,555 shares of Class A common stock in its launch announcement. Underwriters can buy up to 83,333,333 more shares in the next 30 days. The company expects an IPO price of $135 and said it has filed to list on the Nasdaq Global Select Market and Nasdaq Texas using the ticker “SPCX.”
SpaceX IPO Orders Exceed $250 Billion, But Orbital AI’s The Watch Point

SpaceX IPO Orders Exceed $250 Billion, But Orbital AI’s The Watch Point

SpaceX’s IPO is drawing more attention than most. Orders have hit over $250 billion for a $75 billion offering, leaving supply well short of demand. Investors now have to value SpaceX as more than just rockets and satellites—Elon Musk is selling the potential for AI computing in space. SpaceX is offering 555,555,555 Class A shares at $135 apiece, a large float for a new issue. Underwriters also hold a 30-day option for as many as 83,333,333 extra shares. SpaceX has filed to list on the Nasdaq Global Select Market and Nasdaq Texas with the ticker SPCX.
Redwire Shares Slip After $500 Million Stock Offering Filed

Redwire Shares Slip After $500 Million Stock Offering Filed

Redwire Corp shares moved lower Tuesday, after the space and defense tech firm said it launched a $500 million at-the-market common stock program. The company filed with the U.S. Securities and Exchange Commission, saying it could offer shares from time to time using banks like Truist, J.P. Morgan, BofA, Canaccord, KeyBanc and Roth. Redwire shares fell 6.5% to $17.37 in early trading, hitting a session low at $16.58. Around 17.5 million shares traded hands. The company’s market cap was about $3.37 billion.
Redwire Shares Sink Despite Space Strawberry News

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. Redwire heads into Monday with the focus shifting to whether contract wins can keep up with a stock that’s already outpaced near-term earnings. Investors are watching, since Redwire has turned into a smaller public name traders use to get exposure to the space economy, along with Rocket Lab, AST SpaceMobile and Intuitive Machines.
AT&T Shares Fall After SpaceX Signals, Wall Street Looks Hard at Fiber Plans

AT&T Shares Drop for the Week as SpaceX Stays in Focus

ccccccccccccccc Inc is down 8% ahead of the new week as investors look at new competition from SpaceX’s Starlink and the telecom’s ongoing effort to add wireless and fiber customers in more homes. Shares finished at $22.75 Friday, little changed for the session and down from $24.80 a week earlier. The hardest hit came midweek, sinking 4.42% on Wednesday and dropping a further 3.31% on Thursday.
EchoStar hits key juncture as SpaceX tie draws near, with next week in focus for traders

EchoStar hits key juncture as SpaceX tie draws near, with next week in focus for traders

EchoStar shares start the week weaker. The stock tumbled Friday, leaving traders trying to balance hopes for SpaceX exposure with concerns about debt deadlines and closing the pending deal. EchoStar shares ended at $116.28 on June 5, down from $124.64 in the previous session. Volume jumped to 9.7 million shares. EchoStar’s stock table lists a Monday close of $127.42, so the drop since then is about 8.7%.
Redwire Shares Jump After Space Strawberries, But Backlog Questions Remain

Redwire Shares Jump After Space Strawberries, But Backlog Questions Remain

Redwire Corporation shares head into Friday up 15%, fueled by news of a deal to grow wild strawberries on the International Space Station in what the company says is the first commercial space greenhouse. The stock finished Thursday at $21.43, rising $2.81. Volume was 74.6 million shares. Market action in listed space stocks has turned jumpy, with small contract news sending shares swinging while profits are still mostly out of sight. The S&P 500 edged up 0.4% on Thursday. Redwire saw almost $600 million tacked onto its market cap, according to Barron’s.
5 June 2026
AT&T Stock Drops, Investors Eye SpaceX’s Move

AT&T Stock Drops, Investors Eye SpaceX’s Move

AT&T Inc. fell 3.3% to end at $22.77 Thursday. Investors dealt with a Supreme Court ruling going against the company and a new warning from Wall Street about satellite rivals. Shares hit a low of $22.34 intraday. Volume passed 82 million shares. The move was notable since the broader market stayed firm. The S&P 500 gained 0.41%. The Dow Jones Industrial Average added 1.73% and set a new record close. Tech was mixed—Nasdaq lagged, as chip stocks fell after Broadcom’s results. SpaceX started its investor roadshow Thursday ahead of its June 12 IPO, with Reuters saying the company is targeting $75 billion at a $1.75 trillion valuation.
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Stock Market Today

  • Haleon CFO Dawn Allen Gets Share Award, Sells Part to Pay Tax
    July 2, 2026, 10:30 AM EDT. Haleon PLC (LSE/NYSE: HLN) said CFO Dawn Allen was given a Performance Share Plan award that vests June 30, 2026. She got 283,193 shares under the 2024 plan, based on targets through December 2025. Allen sold 133,301 shares at £3.52 each in London to cover taxes owed from the vesting. Shares include dividends and are subject to malus and clawback. The company made the disclosure under UK rules and reminded that execs have to hold shares for two years after they vest. Details will be in next year's annual report and 20-F.
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