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Rocket Lab Falls 7%, AST SpaceMobile Drops 5%, Intuitive Machines and SpaceX Slip 3% as Space Stocks Pull Back
24/7 Wall St.29d agobearish
Rocket Lab Falls 7%, AST SpaceMobile Drops 5%, Intuitive Machines and SpaceX Slip 3% as Space Stocks Pull Back

Shares of space stocks are selling off across the board midday Monday, with the group’s leaders giving back a chunk of last week’s sharp gains. Rocket Lab (NASDAQ:RKLB) stock is leading the pullback, down 7% to $93.28. AST SpaceMobile (NASDAQ:ASTS) shares are down 5% to $80.61, while SpaceX (NASDAQ:SPCX) stock is off 3% to $157.43. ... Rocket Lab Falls 7%, AST SpaceMobile Drops 5%, Intuitive Machines and SpaceX Slip 3% as Space Stocks Pull Back

NASA Just Made A Huge Bet That These 3 Companies Will Get America Back To The Moon Before China
24/7 Wall St.30d agoneutral
NASA Just Made A Huge Bet That These 3 Companies Will Get America Back To The Moon Before China

NASA Administrator Jared Isaacman has framed the current moment in stark terms: “We are in a new space race to the lunar surface, and if we fall behind, we may never catch up. If we wake up and see our rival’s taikonauts on the moon before we’re able to return, the blow to American exceptionalism ... NASA Just Made A Huge Bet That These 3 Companies Will Get America Back To The Moon Before China

Intuitive Machines (LUNR) Offers Attractive Entry Point Amid Recent Selloff
Insider Monkey31d agobearish
Intuitive Machines (LUNR) Offers Attractive Entry Point Amid Recent Selloff

Intuitive Machines Inc. (NASDAQ:LUNR) is one of the 12 best industrial stocks with more than 50% upside. On June 24, Mike Crawford from B. Riley reaffirmed his Buy rating for the stock. Based on a target price of $45, his estimates yield more than 141% upside potential. The analyst suggested that Intuitive Machines Inc. (NASDAQ:LUNR) […]

NASA Announced a New Moon Mission, and These 3 Stocks Are Gaining
Barrons.com35d agoneutral
NASA Announced a New Moon Mission, and These 3 Stocks Are Gaining

Tuesday, NASA announced “the selection of three companies to land four new missions on the Moon in late 2028 as part of the agency’s Moon Base Program.” Astrobotic, Firefly Aerospace and Intuitive Machines won the business. The trio will deliver science payloads to the lunar surface, part of NASA’s plan to build a permanent American presence on the moon.

Is Intuitive Machines (LUNR) Stock Too Expensive After New NASA Wins?
Simply Wall St.35d agobullish
Is Intuitive Machines (LUNR) Stock Too Expensive After New NASA Wins?

Intuitive Machines has delivered a very strong 165.4% return over the past three years, yet its current valuation checks lean expensive and recent trading has been volatile, with a steep pullback over the last month following earlier gains this year. A 165.4% return over three years suggests Intuitive Machines has already priced in a lot of optimism, so any additional gains may depend on how durable investors believe its long term growth story can be. New NASA awards that expand lunar...

NASA Doles Out More Money for Lunar Missions
The Wall Street Journal35d agobearish
NASA Doles Out More Money for Lunar Missions

Building a moon base has been atop NASA’s to-do list. The agency doled out new contracts to help inform how to set up the lunar outpost. Firefly Aerospace, Intuitive Machines and Astrobotic won awards to ferry an identical set of payloads to the lunar surface by the end of 2028.

Intuitive Machines (LUNR) Stock Just Lost Several Major Russell Index Spots
Simply Wall St.35d agobearish
Intuitive Machines (LUNR) Stock Just Lost Several Major Russell Index Spots

Intuitive Machines was dropped from several major Russell value and small cap indices in a single session. The index changes alter how NasdaqGM:LUNR is represented in index-tracking portfolios and benchmarks. The move raises fresh questions for investors about future liquidity and visibility for the stock. For investors watching Intuitive Machines, the sudden exclusion from multiple Russell indices comes on top of an already volatile trading backdrop. NasdaqGM:LUNR last closed at $20.97,...

A 10-Year SpaceX Investor Says the $2 Trillion Price Tag Is Still Too Cheap
24/7 Wall St.39d agoneutral
A 10-Year SpaceX Investor Says the $2 Trillion Price Tag Is Still Too Cheap

Two weeks after the largest IPO in history priced, SpaceX (NASDAQ:SPCX) opened at $1.8 trillion valuation and has drifted to roughly $2 trillion, which Chad Anderson, managing partner at Space Capital and a decade-long SpaceX backer, calls cheap. Speaking on CNBC on June 26, Anderson argued the space economy has been structurally underpriced for years and ... A 10-Year SpaceX Investor Says the $2 Trillion Price Tag Is Still Too Cheap

Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year
24/7 Wall St.40d agoneutral
Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year

The ARK Space Exploration & Innovation ETF (CBOE:ARKX) has become a popular parking spot for investors seeking space exposure without waiting for the SpaceX IPO. With Elon Musk’s rocket company reportedly headed toward a public listing at a valuation north of a trillion dollars, retail demand for a single ticker capturing the theme has surged. ARKX, with ... Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year

Intuitive Machines (LUNR) Stock Price Faces A Valuation Test After SpaceX Rotation
Simply Wall St.46d agoneutral
Intuitive Machines (LUNR) Stock Price Faces A Valuation Test After SpaceX Rotation

Intuitive Machines (LUNR) is in focus after investors rotated toward newly public SpaceX, coinciding with concerns about a planned US$500 million at-the-market equity program and rising short interest, even as fresh lunar reconnaissance contracts emerged. See our latest analysis for Intuitive Machines. At a latest share price of US$22.85, Intuitive Machines has seen short term share price pressure, with a 30 day share price return down 32.14% and 7 day share price return down 14.16%. Its 1...