CNBCPaxton Honerkamp

SpaceX shares cool after record IPO; stock volatile as index/lock-up dynamics and “rocket-to-AI” expectations reset

SpaceX’s IPO momentum has faded after the debut, with shares down ~17–18% in the first week of trading and Argus initiating coverage with a Hold citing ~95x 2025 sales and index/lock-up pressure. Investors are now weighing volatility, index inclusion mechanics, and SpaceX’s next growth push (including mobile services).

2026-06-27T06:11:12.561668-07:00
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
Ars TechnicaFinancial Times

SpaceX plans to launch Starlink mobile service in the US

By Ars Technica: Move would test whether group can turn ambition into a mass-market phone business.

Also: Seeking Alpha and 6 more
2026-06-26T06:47:59.615267-07:00
Satellite   AI   Europe  
Via SatelliteRachel Jewett

ReOrbit Secures Finnish Funding for ‘OrbitCloud’ R&D Program

By Via Satellite: The company describes OrbitCloud as “a private satellite network providing direct-to-device connectivity for drones and mobile devices, uniquely combined with orbital AI inference for fast intelligence.” The total value of the program is projected to exceed 40 million euro ($46 million).

2026-06-26T10:41:28.062438-07:00