CNBCLeslie Picker, Yun Li

SpaceX cuts retail IPO allocation to low-20% range, per source

SpaceX plans to direct only a low-20% share of its forthcoming IPO offering to retail buyers, according to a person familiar with the matter. The adjustment narrows public participation as the company heads toward a record-scale listing.

2026-06-11T12:42:54.404689-07:00
Space.comSamantha Mathewson

James Webb Space Telescope discovers 'galaxy-killing' wind that may explain why some early galaxies lived fast and died young

By Space.com: A “galaxy-killing” wind driven by cosmic mergers may explain why many massive galaxies in the early universe stopped forming stars far earlier than expected, according to new JWST and ALMA observations.

2026-06-11T12:13:05.601319-07:00
BloombergFrances Schwartzkopff

SpaceX Treated as ‘Simply Too Risky’ for Funds With Governance Mandates

By Bloomberg: The list of sustainability-focused fund managers opting to blacklist SpaceX is growing, as they contemplate the unprecedented level of control that Elon Musk will hold over the rockets-to-chatbot behemoth.

2026-06-11T07:45:52.938604-07:00
CNBCMichelle Fox

Stocks making the biggest moves midday: EchoStar, Adobe, Oracle, Intel, Sandisk & more

By CNBC: These are the companies making headlines in midday trading. Viasat – Shares were up more than 8% after Viasat announced that the U.S. Space Force awarded it a multi-year contract to deliver a dual-band satellite system under the Protected Tactical SATCOM-Global program.

2026-06-11T09:42:42.983609-07:00