Space stocks including Rocket Lab, AST SpaceMobile, and Planet Labs dropped significantly on Friday, with Rocket Lab down 5%. The selloff appears driven by sector rotation rather than company-specific news, as AST SpaceMobile, unrelated to Rocket Lab's pending Iridium acquisition, led the decline. Rocket Lab's acquisition of Iridium Communications is fully funded but not yet closed, and the market is now weighing the dilution impact on shareholders. Investors should watch for regulatory progress on the deal and sector sentiment for future moves.
Rocket Lab shares are down 5.49% on Pluang, trading at USD 64.10 with a market cap of $43.36B. AST SpaceMobile also fell 6.62%, priced at USD 58.56, while Planet Labs dropped 4.91% to USD 16.16. These moves reflect significant sell pressure, with Pluang order activity showing 91% sell for Rocket Lab and 97% sell for AST SpaceMobile as of Sep 18, 2026 22:04 WIB.
AST SpaceMobile's stock fell 6% after SpaceX agreed to acquire a nationwide low-band spectrum portfolio that AST had been pursuing, closing off a key option for expanding its satellite phone service. This spectrum is crucial for direct-to-device sate...
Rocket Lab's stock has fallen over 50% from its 52-week high due to dilution and missed earnings, but analysts remain optimistic. The company is developing the Neutron medium-lift reusable rocket, which could compete with SpaceX's Falcon 9, and has a...
AST SpaceMobile's stock dropped 7% following the FCC's approval for SpaceX to build a satellite network that connects directly to ordinary phones without needing wireless carriers. This regulatory change threatens AST SpaceMobile's business model, wh...
Space stocks, including Intuitive Machines, Rocket Lab, and Redwire, are experiencing significant declines, with Intuitive Machines falling 7% despite expanding its satellite manufacturing business. The sector-wide selloff contrasts with the broader ...
Rocket Lab has canceled its $3.6 billion bridge loan without borrowing any money and fully funded its acquisition of Iridium Communications. Iridium's approximately $500 million annual EBITDA significantly improves Rocket Lab's financials, turning an...
