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Prediction market traders on Polymarket now assign a 92% probability that SpaceX completes its IPO by June 30, 2026, with a $1.5 trillion-plus valuation in play. That puts the Procure Space ETF (NYSEARCA:UFO) in an unusual spot for a $749 million niche fund. UFO is the cleanest publicly listed expression of the space economy that ... You’re Going to Regret Not Buying This ETF Before SpaceX’s IPO
Shares of satellite operator Viasat gained 2.1% Wednesday after SpaceX confirmed it deployed the company’s latest big satellite. Viasat Chief Executive Mark Dankberg said the satellite would help it address its main customer groups in the region, including airlines and government agencies. Viasat has faced intensifying competition in recent years from SpaceX’s Starlink satellite-internet business that have weighed on its shares.
Amazon.com Inc agreed to acquire Globalstar Inc for $11.57 billion, snatching a satellite company that Elon Musk’s SpaceX had tried to buy itself just months earlier. Amazon Outbid SpaceX Amazon beat out SpaceX for Globalstar, securing spectrum and satellite infrastructure that strengthens its position in both broadband and direct-to-device connectivity. SpaceX has roughly 10,000 Starlink satellites in orbit. Amazon has around 200, but is planning $200 billion in capex this year and targeting 3,