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CNBCLiz Napolitano

SpaceX shares face first post-IPO lock-up expiry as Starlink and AI growth meet heavy cash burn

More than 900 million SpaceX shares are set to become available for sale in the company’s first lock-up expiration since its June IPO, testing investor conviction after a volatile run. Strong second-quarter revenue growth, Starlink gains and AI momentum contrast with reported $25 billion cash burn and capital spending.

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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