CNBCPaxton Honerkamp

SpaceX shares cool after record IPO as Russell-index inclusion and passive-fund buying come into play

SpaceX’s IPO momentum is fading, with shares down roughly 17%–18% in its first week of trading, and the company also weighing broader mobile-services ambition. Near-term market mechanics—especially required index additions such as Russell rebalancing—are expected to bring “passive” demand back into the tape.

2026-06-27T06:11:12.561668-07:00
Air Data NewsRicardo Meier

KLM schedules Airbus A350 debut on Toronto route

By Air Data News: Dutch carrier expects to receive its first A350-900 in late August before introducing the type plans to introduce its first Airbus A350-900 into commercial service on flights between Amsterdam and Toronto, making the Canadian city the launch destination for the airline's newest widebody.

2026-06-27T01:40:13.644127-07:00
BloombergHayley Warren, Jack Wittels, Tom Fevrier

Hormuz Crisis Exposed Fragility of How the World Keeps Planes Flying

By Bloomberg: The closure of the Strait of Hormuz raised questions about the resilience of jet fuel supplies, so Bloomberg crunched the numbers to look at where the vulnerabilities lie.

2026-06-26T23:12:02.257724-07:00
Reuters

SpaceX set to join Nasdaq 100, paving way for wave of passive buying

By Reuters: SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, exchange operator Nasdaq confirmed on ​Friday, paving the way for a surge in passive investments in ‌Elon Musk's rocket and AI giant.

Also: CNA
2026-06-26T17:40:09.269349-07:00