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Space stocks are tumbling together on Friday, and the name with no connection to Rocket Lab's pending Iridium deal is somehow leading the group lower, which raises a bigger question about what is actually driving the selloff.

The provider of global satellite data reported a notable disposition of company stock involving its CEO.

Planet Labs shares have fallen more than 60% from 2026 highs despite strong Q2 revenue growth, and analysts' $32.78 consensus price target implies over 90% upside potential.

Rocket Lab (RKLB) stock fell 39% between mid-June and September 10, while the S&P 500 gained 2.4%. The stock fell 39%—about twice as far as L3Harris Technologies, down 18.9%, and far more than Lockheed Martin, down 1.3%, and Northrop Grumman, down 5.3%—suggesting company-specific headwinds compounded broader sector softness. Yet the company just posted record revenue, and the CEO counts more than $1 billion of new contracts since Q2 2026 began. None of that changed the Neutron rocket's calendar.

Rocket Lab (RKLB) trades near $64, about 57% below the high it set inside the last year, though it is still up 49.5% over twelve months against 19.7% for the S&P 500. The business did not break along the way. What changed is the wait: how long before Neutron flies, and how much cash goes out first.

Rocket Lab sits deep in the red after a rocket test failure spooked investors, yet one top Wall Street analyst just doubled down with a target that implies the stock more than doubles from here. The question is whether the backlog can carry the thesis until the next launch attempt.

Earth imaging satellite company Planet Labs (NYSE:PL) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 58.1% year on year to $116.1 million. On the other hand, next quarter’s revenue guidance of $103 million was less impressive, coming in 10.5% below analysts’ estimates. Its non-GAAP profit of $0.02 per share was significantly above analysts’ consensus estimates.

For its fiscal second quarter, Planet Labs expects revenue of $102 million to $107 million, compared with $73.4 million a year earlier.

Space stocks are bleeding out on a day when their home sector is flashing green, and the reason why reveals a hidden fault line running through every high-flying name in the group.

July was a brutal month for space stocks. BlackSky (BKSY) was down almost 20%. Rocket Lab (RKLB), AST SpaceMobile (ASTS), and Planet Labs (PL) shed more than 30%. Even SpaceX (SPCX) – fresh off the largest IPO in history – slid over 50% from its June 16 record close. But here’s what makes this moment so interesting: while the stocks were selling off, the businesses were doing the exact opposite.InvestorPlace - Stock Market News, Stock Advice & Trading Tips BlackSky just reported 50% year-over-ye

Conestoga Capital Advisors, an asset management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The letter reports a positive market shift towards Small Caps, with the Russell 2000 Index achieving its best first half since 1991 and the Russell 2000 Growth Index up 25.7% in Q2, fueled by AI […]

SpaceX picked Nvidia to build Starmind AI1 satellite compute. NVDA and SPCX climbed hours before debut earnings.

Rocket Lab stock is well off its high again, and its shock record says the most serious damage comes from rate moves rather than from anything on the launch pad.

SpaceX shares initially surged in their public debut last month, but the broader trade had already rolled over.

The magnitude of SpaceX's overvaluation bodes poorly for it in the near term.

A new generation of futuristic, high-flying tech stocks has been cut down by roughly 60% from its highs. That is enough damage to start looking for opportunity — but not enough to make every stock a bargain.

A new generation of futuristic, high-flying tech stocks has been cut down by roughly 60% from its highs. That is enough damage to start looking for opportunity — but not enough to make every stock a bargain.

The stock has surged 295% over the past year, providing a favorable window for structured insider liquidity under a pre-arranged trading plan.

The disposition follows a 295% surge in the stock price over the past year.

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

Shares of Elon Musk's rockets-to-AI firm SpaceX ‌dropped nearly 9% on Thursday, ‌as the post-IPO frenzy that briefly placed ​it among the top five most valuable companies of the world appeared to fizzle out. Its shares were ‌last down ⁠8.8% to $174.8, after falling nearly 5% in the last ⁠session. Despite the losses, the stock still traded more than 29% ​above its $135 ​offering price.

Shares of space stocks are tumbling in mid-morning trading on Tuesday, with Planet Labs (NYSE:PL) stock leading the decline. Planet Labs stock is down to roughly $27 and change, extending a sharp pullback in the satellite imagery name. Intuitive Machines (NASDAQ:LUNR) stock is also under heavy pressure, slipping 9% to $23 and change. Meanwhile, Firefly ... Planet Labs Sinks 10%, Intuitive Machines Drops 8%, Firefly Aerospace Falls 7% as Traders Rush to SpaceX

Shares of earth imaging satellite company Planet Labs (NYSE:PL) fell 9.2% in the afternoon session after the much-anticipated Initial Public Offering (IPO) of competitor SpaceX prompted investors to sell shares of other space companies.

SpaceX just IPO'ed and Planet Labs stock is going down on no other news. Coincidence?

PL’s sharp selloff on Friday was driven by dilution concerns linked to a $1.5 billion equity offering.

Planet Labs' $1.5 Billion Stock Sale Move Sends Shares Lower

Space stocks are splitting hard in Tuesday’s session. Virgin Galactic (NYSE:SPCE) stock is crashing 32% to around $5.08 in mid-morning trading, while AST SpaceMobile (NASDAQ:ASTS) stock climbs 10% to around $116 and Planet Labs (NYSE:PL) stock advances 9% to around $50.50. The divergence captures the latest chapter in an ongoing space-sector story. Retail-driven proxy trades ... Virgin Galactic Crashes 32% on Settlement Dilution Fears, AST SpaceMobile Rises 10%, Planet Labs Climbs 9%

Intuitive Machines Inc. (NASDAQ:LUNR) is one of the 10 Stocks Entering June in the Wrong Direction. Intuitive Machines saw its share prices decline by 12.82 percent on Monday to close at $38.21 apiece, as investors disposed of positions in space stocks following a rocket explosion over the weekend. The company fell alongside its space counterparts, […]

The space sector split is widening fast Monday morning. Virgin Galactic (NYSE:SPCE) stock is up 18% to $7.28, while launch-exposed peers are sliding hard. AST SpaceMobile (NASDAQ:ASTS) stock is down 9% to $103.50, Planet Labs (NYSE:PL) stock is off 8% to $46.85, and Rocket Lab (NASDAQ:RKLB) stock is the hardest hit at down 13% to ... Virgin Galactic Rockets 18% Monday: AST SpaceMobile Sinks 9%, Rocket Lab Drops 13% as Space Divergence Widens

Space stocks like AST SpaceMobile and Rocket Lab sold off sharply on Friday after Blue Origin's New Glenn rocket exploded on its launch pad at Cape Canaveral late Thursday night, hitting a sector that had been riding a weeks-long rally ahead of SpaceX's planned IPO.