Tag

Space Stocks

All articles tagged with #space stocks

business18 hours ago•22 min saved

Virgin Galactic Leads Space Stocks Rally as Peers Decline

Virgin Galactic jumped about 18% on momentum from Blue Origin setbacks and progress toward flight testing, while AST SpaceMobile slid roughly 9% after a Q1 revenue miss. Rocket Lab dropped around 13% despite beating earnings and maintaining a large backlog, as investors rotate away from launch-exposed names into Virgin Galactic. The space-stock divergence widens, driven more by sentiment than fundamentals, with upcoming catalysts like Blue Origin findings and Rocket Lab’s Neutron/BlueBird milestones to watch.

via 24/7 Wall St.|

#ast-spacemobile #business #planet-labs

business18 hours ago•2 min saved

Two Space Stocks to Watch as Space Economy Expands Before SpaceX IPO

With SpaceX’s IPO anticipated on June 12 and PwC forecasting a $2 trillion space economy by 2040, AST SpaceMobile (ASTS) and Intuitive Machines (LUNR) stand out. ASTS aims to provide direct-to-cellular broadband from large LEO satellites and has deals with AT&T, Verizon, and Vodafone, planning 45–60 satellites this year despite a setback from Blue Origin’s New Glenn. LUNR is a vertically integrated space contractor winning major government contracts (SDA and NASA CLPS), lifting Q1 revenue to $186.7 million and carrying a backlog over $1.1 billion, signaling strong near-term revenue potential.

via The Motley Fool|

#asts #business #lunr

business2 months ago•15 min saved

Falcon 9 launch stirs mixed moves in space stocks

SpaceX’s Falcon 9 mission delivering 29 Starlink satellites and booster landing spurred mixed moves in space stocks: RKLB +2.8%, ASTS +3.3%, LUNR −5.2%, SPCE −2.7%. Analysts show varied ratings across the group, with Intuitive Machines (LUNR) seen as the strongest buy and SPCE offering the largest upside. SpaceX remains private, with IPO chatter ongoing; TSLA is suggested as a potential proxy for investors until an IPO materializes.

via TipRanks|

#asts #business #falcon-9

business7 months ago•3 min saved

SpaceX Prepares for 11th Starship Test Flight Amid Soaring Space Stocks

Shares of space-technology startups have surged, driven by optimism ahead of SpaceX's 11th Starship test, which aims to demonstrate reusable rocket technology and increase cargo capacity to lower space travel costs. The test has attracted significant attention, boosting investor confidence in the sector, with many space stocks up substantially this year. SpaceX's ongoing success and ambitious goals continue to influence the broader space industry and investor sentiment.

via Barron's|

#business #launches #space-industry

business8 months ago•3 min saved

Firefly Aerospace Stock Drops After Rocket Test Explosion

Firefly Aerospace's stock dropped 25% after a rocket explosion during a test, delaying its planned launch, while Canadian drone company Draganfly's stock rose 15% following a U.S. Army contract for its FPV drones.

via Investor's Business Daily|

#business #contract #drone

business9 months ago•2 min saved

Firefly Aerospace Soars in Nasdaq Debut with 53% Surge

Firefly Aerospace debuted on Nasdaq with a significant gain, opening at $70 per share and valuing the company over $12 billion, following its successful lunar landing mission. Rocket Lab and Kratos Defense are preparing to release earnings, with Rocket Lab expected to show revenue growth and Kratos forecasted for slight earnings decline. The space and defense sector remains active amid these developments.

via Investor's Business Daily|

#business #defense-stocks #firefly-aerospace

business11 months ago•2 min saved

Voyager's IPO Soars, Highlighting Strong Market Demand for Space Stocks

Voyager Technologies is launching its IPO on June 11, with shares priced at $31, aiming to gauge market interest in space stocks. Backed by Palantir and Lockheed Martin, the Colorado-based company has strong government contracts, notably with NASA, and is valued at $1.9 billion. Despite not yet being profitable, Voyager shows growth and potential in the space and defense sectors. The IPO follows other notable listings and reflects ongoing investor interest in space-related companies.

via TipRanks|

#business #ipo #market-demand