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SpaceX lands $6.45B in U.S. Space Force contracts ahead of record IPO

Market News
29 May 2026
TechCrunch
View Source
Bullish
pluang ai news

SpaceX has secured $6.45 billion in contracts from the U.S. Space Force to build satellites for missile and air defense systems and a low-Earth orbit communications network. These contracts highlight SpaceX's significant reliance on government business, which accounted for 20% of its 2025 revenue. The deals come just before SpaceX's anticipated record-breaking IPO, underscoring its dominant position in the space launch market and close ties with the Trump administration. However, SpaceX warns that government policy changes could impact its business going forward.

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Clean Energy Technologies gets Nasdaq notice for late 10-Q filing, risks delisting if not resolved by Nov 2026

Clean Energy Technologies gets Nasdaq notice for late 10-Q filing, risks delisting if not resolved by Nov 2026

Clean Energy Technologies, Inc. received a notice from Nasdaq on May 26, 2026, for failing to file its quarterly report (Form 10-Q) for Q1 2026 on time, violating Nasdaq Listing Rule 5250(c)(1). While the notice does not immediately affect trading, t...

Market News
Bearish
55 minutes ago
S&P 500 hits record high despite 8 of 11 sectors falling, led by AI and tech gains.

S&P 500 hits record high despite 8 of 11 sectors falling, led by AI and tech gains.

In May, the S&P 500 reached a record 7,581, driven mainly by strong gains in AI-related technology sectors, especially semiconductor stocks like Dell, which saw a 30% jump on $16.1 billion in AI server sales. Despite this, eight of the eleven sectors...

Market News
Bullish
1 hour ago
Canborsa launches beta of first perpetual DEX for tokenized real-world assets with up to 20x leverage.

Canborsa launches beta of first perpetual DEX for tokenized real-world assets with up to 20x leverage.

Canborsa has launched the beta version of its decentralized exchange (DEX) on the Canton Network, enabling non-custodial perpetual trading of tokenized real-world assets like stocks, gold, oil, and cryptocurrencies with up to 20x leverage. The platfo...

Others
Bullish
1 hour ago
YieldMax to close and liquidate four ETFs by June 18, 2026, focusing on stronger funds.

YieldMax to close and liquidate four ETFs by June 18, 2026, focusing on stronger funds.

YieldMax announced it will close and liquidate four ETFs—ABNY, DISO, FEAT, and FIVY—by June 18, 2026, following a portfolio review. The decision aims to concentrate resources on ETFs with higher investor demand and better market traction. Trading for...

Company Fundamentals
Bearish
1 hour ago
Oculis' Phase 3 trials for OCS-01 in diabetic macular edema fail primary vision improvement endpoint.

Oculis' Phase 3 trials for OCS-01 in diabetic macular edema fail primary vision improvement endpoint.

Oculis announced that its Phase 3 DIAMOND trials for OCS-01 eye drops in diabetic macular edema did not meet the primary endpoint of improved visual acuity after 52 weeks. However, the treatment showed significant and lasting reduction in retinal thi...

Company Fundamentals
Bearish
2 hours ago
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