Defiance ETFs announced a temporary trading halt of its leveraged Defiance Daily 2X Space ETF (SPCL) on the Cboe BZX Exchange due to significant market volatility following SpaceX's initial public offering (IPO). The halt began on June 12, 2026, and trading is expected to resume no earlier than June 15, 2026. During the halt, underlying assets remain secure, but shares cannot be bought or sold. The ETF's portfolio will concentrate on SpaceX shares post-IPO, increasing volatility and risk, and is intended for knowledgeable investors who actively manage their positions.
Elon Musk disclosed a 48.4% stake in SpaceX, worth over $900 billion, maintaining control with more than 82% voting power after its June IPO. SpaceX's stock price recovered above its IPO level following a strong Q2 report showing 92% revenue growth a...
Anthropic confidentially filed for a US IPO targeting a Nasdaq listing in late 2026 with a valuation near $965 billion and aims to raise over $60 billion. If Nasdaq applies its accelerated inclusion rule, similar to what it did for SpaceX, millions o...
Space stocks traded unevenly Thursday morning following Intuitive Machines' Q2 earnings report, which showed record revenue but missed expectations and a wider loss. Despite the miss, new contract awards and backlog growth helped limit the selloff, s...
SpaceX debuted with a $1.77 trillion IPO valuation but saw its stock drop below the IPO price following a disappointing Q2 2026 earnings report. The company reported $18.4 billion in capital expenditures, with 86% dedicated to AI infrastructure, rais...
SpaceX shares surged about 10%, rising 35% from recent lows, driven by excitement over its AI coding firm Cursor. Analysts highlight Cursor's potential to generate significant revenue, with Morgan Stanley projecting annual recurring revenue growth fr...
