Bookmark this story
CNBCLiz Napolitano

SpaceX shares rally 6% as 900 million-share lockup expires despite $25 billion cash burn

SpaceX stock rose 6% during a closely watched post-IPO test, even as more than 900 million shares became eligible for sale. Q2 results showed 92% revenue growth, Starlink gains and surging AI sales, but a projected $25 billion cash burn and heavy capital spending continue to weigh on valuation.

Bookmark this story
Aviation WeekRobert Wall

IRIS² Enters Operational Phase After Review Completed: Eutelsat CEO

By Aviation Week: The European Union’s flagship IRIS2 broadband satellite constellation process has passed the so-called Rendezvous One review, allowing the program to progress to its operational phase, Eutelsat CEO Jean-François Fallacher says.

2026-08-07T03:45:35.668869-07:00