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SpaceNews.com • Jeff Foust

Japan’s H3 returns to flight with first successful launch since December failure; maiden H3-30 booster-free configuration reache

Japan Aerospace Exploration Agency (JAXA) successfully launched its H3 rocket on June 11/12 following a December mission failure. The flight validated the booster-free H3-30 configuration with three LE-9 expander-bleed-cycle engines, placing six smallsats into orbit after on-orbit separation, with June 12 launch timing adjusted for weather.

2026-06-12T05:41:54.367135-07:00

Bloomberg

US and Iran near provisional agreement; SpaceX launches $75B IPO as markets steady

2026-06-12T05:11:53.985275-07:00

Bloomberg

SpaceX’s record $75B Nasdaq IPO debut values the company at ~$1.77T–$1.8T

2026-06-11T23:57:00.687075-07:00

SpaceWatch Global

Reflex Aerospace and Rafael launch co-development of VHR²C very-high-resolution, high-revisit satellite constellation

2026-06-12T01:02:59.873941-07:00

News Timeline

SpaceNews.com

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Japan’s H3 returns to flight with first successful launch since December failure; maiden H3-30 booster-free configuration reache Japan Aerospace Exploration Agency (JAXA) successfully launched its H3 rocket on June 11/12 following a December mission failure. The flight validated the booster-free H3-30 configuration with three LE-9 expander-bleed-cycle engines, placing six smallsats into orbit after on-orbit separation, with June 12 launch timing adjusted for weather.

2026-06-12T05:41:54.367135-07:00

Japan’s H3 returns to flight with first successful launch since December failure; maiden H3-30 booster-free configuration reache

Bloomberg

US and Iran near provisional agreement; SpaceX launches $75B IPO as markets steady US S&P 500 futures rose 0.6% in premarket trading after reports of fresh progress toward a provisional US-Iran deal to end the war. The same session marked SpaceX’s landmark $75 billion IPO, immediately placing the company among the world’s largest public firms.

2026-06-12T05:11:53.985275-07:00

US and Iran near provisional agreement; SpaceX launches $75B IPO as markets steady

SpaceWatch Global

EU partners pick Thales Alenia Space for EROSS SC on-orbit servicing and Leonardo for ISOS “SCOPE” servicer components The EU has signed a declaration with partner countries backing the In-Space Operations and Services (ISOS) pilot mission. The European Commission has selected Thales Alenia Space to lead the EROSS SC on-orbit servicing project, while Leonardo was chosen to develop “SCOPE,” a servicer component of the ISOS programme.

2026-06-12T01:03:00.371331-07:00

EU partners pick Thales Alenia Space for EROSS SC on-orbit servicing and Leonardo for ISOS “SCOPE” servicer components

SpaceWatch Global

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Reflex Aerospace and Rafael launch co-development of VHR²C very-high-resolution, high-revisit satellite constellation Rafael Advanced Defense Systems and Reflex Aerospace announced a strategic co-development partnership at ILA Berlin 2026 to develop a new class of Very High Resolution and Very High Revisit constellation (VHR²C). The effort is positioned around “space intelligent solutions” aimed at enhancing space-based ISR tasking and imagery responsiveness.

2026-06-12T01:02:59.873941-07:00

Reflex Aerospace and Rafael launch co-development of VHR²C very-high-resolution, high-revisit satellite constellation

Bloomberg

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SpaceX’s record $75B Nasdaq IPO debut values the company at ~$1.77T–$1.8T SpaceX has completed what multiple outlets describe as the largest IPO in history, raising about $75 billion in its Nasdaq debut and valuing the company around $1.77 trillion (with some coverage citing ~$1.8T). The listing marks a major public-market entry for the rocket, satellite, and AI platform.

2026-06-11T23:57:00.687075-07:00

SpaceX’s record $75B Nasdaq IPO debut values the company at ~$1.77T–$1.8T

CNBC

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SpaceX IPO lands as record-setting event at $135/share and ~$1.77T–$1.8T valuation range SpaceX has completed a historic IPO, selling about 555.6 million shares at $135 each—raising roughly $75B and valuing the company at about $1.77T (with market coverage citing ~$1.8T). The offering arrives despite multi‑billion-dollar losses and comes with debate over whether the valuation is sustainable for investors.

2026-06-11T14:27:13.406147-07:00

SpaceX IPO lands as record-setting event at $135/share and ~$1.77T–$1.8T valuation range

Bloomberg

SpaceX’s Critical Minerals Plan Runs Through China

2026-06-11T12:44:39.232293-07:00

SpaceX’s Critical Minerals Pla

CNBC

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SpaceX IPO deal structure draws retail cutback scrutiny; shadow markets price 35%+ debut pop SpaceX is allocating only the low-20% range of its IPO shares to retail investors, while “shadow markets” are signaling at least a 35% first-day upside for the Elon Musk-led rocket, satellite and AI platform. The reports frame a tightly managed public-market launch versus continued speculative pricing in informal trading.

2026-06-11T12:42:54.404689-07:00

SpaceX IPO deal structure draws retail cutback scrutiny; shadow markets price 35%+ debut pop

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Commercial Space News

Japan’s H3 returns to flight with first successful launch since December failure; maiden H3-30 booster-free configuration reache

US and Iran near provisional agreement; SpaceX launches $75B IPO as markets steady

SpaceX’s record $75B Nasdaq IPO debut values the company at ~$1.77T–$1.8T

Reflex Aerospace and Rafael launch co-development of VHR²C very-high-resolution, high-revisit satellite constellation

News Timeline