SpaceX IPO
AST SpaceMobile increases 8%; Virgin Galactic and Rocket Lab join the SpaceX IPO wave
Quick reading AST SpaceMobile (ASTS) has a market capitalization of $41 billion with 60 mobile network operator partners covering over 3 billion subscribers and targeting 45 BlueBird satellites in orbit by the end of 2026. Rocket Lab (RKLB) reported Q1 revenue of $200.35 million, up 64% year-over-year, with an order backlog of $2.2 billion and…
Why Intuitive Machine Stocks Rise and Then Fall
Excitement over SpaceX’s IPO is reaching a fever pitch, temporarily sending space stocks up sharply Monday morning. Intuitive machines (NASDAQ: LUNR) The stock, the company that returned America to the moon in 2024 and reported skyrocketing sales last week, jumped nearly 14% this morning before reversing and giving back all of its gains. At 10:40…
T-Rex Files for SpaceX and Anthropic Leveraged ETFs Ahead of Planned IPOs
By Suzanne McGee PROVIDENCE, R.I., March 26 (Reuters) – REX Shares and Tuttle Capital Management plan to launch 2x leveraged exchange-traded funds tied to yet-to-be-issued publicly traded shares of SpaceX and Anthropic, according to regulatory filings, as the two companies try to capitalize on what are expected to be two of the most anticipated IPOs…