Following SpaceX's IPO, investor focus is shifting from rocket launches to companies selling satellite data, a distinct and growing market. Planet Labs leads this sector with record quarterly revenue of $94 million, up 42% year-over-year, and a backlog exceeding $906 million. The company benefits from cheaper, more frequent satellite launches, enabling it to offer daily Earth imagery and analytics via subscription to diverse customers. This data-driven business model contrasts with one-time launch sales and shows promise for recurring revenue and profitability as the space economy expands.
Elon Musk, SpaceX CEO, sold 11,390 shares worth about $1.2 million in April 2026, just before the company's IPO priced at $135 per share. This sale was below the IPO price and current market value, indicating it happened before the public fully value...
Following SpaceX's public listing, the space economy has gained investor attention, especially lunar infrastructure. Intuitive Machines reported a record Q1 2026 revenue of $186.7 million, nearly tripling last year, and holds a $1.1 billion backlog. ...
Wall Street ended the week lower, led by a sharp selloff in semiconductor and big tech stocks, with ON Semiconductor down nearly 30% and others like Western Digital and Arm Holdings also falling significantly. Despite strong earnings from Micron Tech...
SpaceX's 2026 IPO on Nasdaq under the ticker SPCX has established a public market benchmark for the space launch economy, prompting investors to seek other investable companies in the sector. Rocket Lab Corporation (Nasdaq: RKLB) stands out with reco...
Micron reported a stellar earnings quarter with revenue soaring to $41 billion, driven by accelerating AI demand and tight supply. Despite a 16% stock surge post-earnings, the price quickly retraced, reflecting concerns that much of the upside is alr...
