Commercial Space  
CNBC • Paxton Honerkamp

SpaceX shares cool after record IPO as Russell-index inclusion and passive-fund buying come into play

SpaceX’s IPO momentum is fading, with shares down roughly 17%–18% in its first week of trading, and the company also weighing broader mobile-services ambition. Near-term market mechanics—especially required index additions such as Russell rebalancing—are expected to bring “passive” demand back into the tape.

Also: CNA, Seeking Alpha and 3 more
2026-06-27T06:11:12.561668-07:00
AI   Launch Vehicles & Space Transportation   Space Exploration & Science Missions   Commercial Space   Space Policy & International Cooperation  
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
Satellite   AI   Europe  
Via Satellite • Rachel 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