Shares of Intuitive Machines surged 10% despite missing Q2 revenue and earnings estimates, driven by a record backlog of $1.8 billion and strong bookings. Virgin Galactic also gained 10% after bouncing back from a recent 8% drop caused by a delay in commercial service to February 2027. Other space stocks like Rocket Lab and AST SpaceMobile showed minimal gains, indicating the rally is focused on these two companies. Investors will watch Intuitive Machines' upcoming contract awards and Virgin Galactic's next flight tests for further catalysts.
Northrop Grumman's new Mission Robotic Vehicle (MRV) and Mission Extension Pods (MEPs) are advancing satellite life extension by autonomously docking and refueling satellites in orbit. Recently, an older Mission Extension Vehicle (MEV) detached from ...
Virgin Galactic will release its Q2 2026 earnings on August 12, with analysts expecting a loss of $0.64 per share and revenues around $127,000. Despite ongoing profitability challenges, including a negative P/E ratio and high debt, the company's stoc...
SpaceX shares dropped 5% to $131.78 after a recent 11% rally driven by an Argus upgrade faded. The decline reflects investor caution over the company's heavy capital spending on AI infrastructure, including plans for orbital data centers, and the imp...
