Planet Labs Falls 8%, Then Bounces After Hours on a Record Quarter
Q2 revenue jumped 58% to a record $116.1 million. Cash hit $865 million. Q3 sales guidance of $101–105 million is a sequential step-down.
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Berenberg Names Its Space Winners: ASTS, RKLB and Planet Labs
Berenberg starts Buy coverage on ASTS, RKLB and Planet Labs. Cheaper launches pushed the space economy past $500B and toward $1T by 2030.
Explosion at Blue Origin Leaves Amazon, AST SpaceMobile, and Space Stocks Reeling
Blue Origin’s New Glenn rocket burst into flames during a test, delaying Amazon’s satellite plans and AST SpaceMobile’s launch schedule. Space stocks drop sharply.
Cantor Fitzgerald Turns More Bullish on Intuitive Machines Ahead of Key Lunar Contract Decision
Cantor raises Intuitive Machines target on strong growth, lunar contracts, Space Force deal, and rising space sector momentum.
Space Stocks Surge as SpaceX IPO Rumors Heat Up
Space stocks jump in premarket as reports say Elon Musk’s SpaceX plans to file for a massive $75B+ IPO as soon as this week. Rocket Lab, ASTS, and others rise on the news.
Planet Labs Shares Soar After Record Revenue Beat and Massive $900 Million Backlog
Planet Labs shares jumped nearly 20% after beating Q4 revenue forecasts and issuing strong FY2027 guidance backed by a massive $900 million backlog.