BloombergFrances Schwartzkopff

SpaceX IPO faces governance-and-valuation backlash as S&P 500 exclusion and fund blacklisting expand

SpaceX’s IPO countdown is drawing mounting pushback from governance-focused investors, with some funds reportedly preparing to blacklist the Musk-led company ahead of listing. In parallel, S&P 500 index gatekeepers have rejected adding SpaceX, while short-seller Jim Chanos challenges the offering’s valuation rationale.

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