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Why this analyst thinks it's too soon to buy SpaceX
Yahoo Finance Video85d agobullishVIDEO
Why this analyst thinks it's too soon to buy SpaceX

KeyBanc Capital Markets Senior Research Analyst, Aerospace & Defense, Michael Leshock, explains why he believes SpaceX (SPCX) is not a buy right now, adding that investors should wait to invest until some sizable milestones are met before diving into the stock.

Rocket Lab’s $8B Iridium deal opens new satellite-phone test
TheStreet85d agoneutral
Rocket Lab’s $8B Iridium deal opens new satellite-phone test

Rocket Lab’s $8 billion Iridium deal gives the space company something that cannot be built overnight: a global satellite communications network. The company is buying Iridium Communications (IRDM) to move deeper into satellite networks, spectrum, and recurring communications revenue. Owning that ...

SpaceX Falls 6% Despite a Bullish Dan Ives Rating as Rocket Lab Climbs 5%, Virgin Galactic Rises 3%
24/7 Wall St.85d agobearish
SpaceX Falls 6% Despite a Bullish Dan Ives Rating as Rocket Lab Climbs 5%, Virgin Galactic Rises 3%

Space stocks are diverging sharply at midday Wednesday, with the market’s newest space giant sliding even as smaller rivals rally on their own catalysts. SpaceX (NASDAQ:SPCX) shares are down 6% to $159.81, while Rocket Lab (NASDAQ:RKLB) stock is up 4% to $105.64 and Virgin Galactic (NYSE:SPCE) stock is climbing 3% to $2.99. The split looks ... SpaceX Falls 6% Despite a Bullish Dan Ives Rating as Rocket Lab Climbs 5%, Virgin Galactic Rises 3%

3 Nasdaq 100 Stocks with Promising Prospects
StockStory86d agoneutral
3 Nasdaq 100 Stocks with Promising Prospects

The Nasdaq 100 (^NDX) is where investors find some of the most innovative and disruptive companies shaping the future. A select few continue to execute at a high level, growing their market dominance and delivering strong returns.

Rocket Lab (RKLB) Stock Trades Up, Here Is Why
StockStory86d agoneutral
Rocket Lab (RKLB) Stock Trades Up, Here Is Why

Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 4.1% in the afternoon session after its stock continued to rally following the announcement of a deal to acquire Iridium Communications for approximately $8 billion.

Rocket Lab doubles down on satellite network with $8B acquisition
TheStreet86d agoneutral
Rocket Lab doubles down on satellite network with $8B acquisition

Rocket Lab just made its biggest move yet. The space company, known for launching small rockets into orbit, is buying Iridium Communications in a deal valued at about $8 billion. For years, Rocket Lab (RKLB) built rockets and satellite parts for other companies. Now it wants to own and ...

Planet Labs Spikes 8%, Rocket Lab Gains 5%, SpaceX Climbs 4% as the Space Rally Rolls On
24/7 Wall St.86d agobullish
Planet Labs Spikes 8%, Rocket Lab Gains 5%, SpaceX Climbs 4% as the Space Rally Rolls On

The space rally that kicked off yesterday is rolling straight into Tuesday’s session. Planet Labs (NYSE:PL) stock is up 8% to $33.65, Rocket Lab (NASDAQ:RKLB) stock is up 5% to $102.75, and SpaceX (NASDAQ:SPCX) stock is up 4% to $170.12 in midday trading. This looks like a broad move across the sector. All three pure-play ... Planet Labs Spikes 8%, Rocket Lab Gains 5%, SpaceX Climbs 4% as the Space Rally Rolls On

Rocket Lab Is Buying Iridium—Here's Why Investors Are Excited
Benzinga87d agobullish
Rocket Lab Is Buying Iridium—Here's Why Investors Are Excited

Rocket Lab Corp. and Iridium Communications Inc. announced Monday that they have entered into a definitive agreement under which Rocket Lab will acquire Iridium in a cash-and-stock transaction valued at approximately $8 billion in enterprise value. Under the agreement, Iridium...

Rocket Lab Stock Surges as Iridium Deal Feeds Market Appetite for Space
Barrons.com87d agobullish
Rocket Lab Stock Surges as Iridium Deal Feeds Market Appetite for Space

Rocket Lab stock was up 3.1% at $100.94 in premarket trading, while the and were up 0.2% and 0.1%, respectively. The move follows on Monday’s massive 15.9% gain, which came after Rocket Lab agreed to buy Iridium for $54 a share, turning Rocket Lab into a mini- SpaceX with the ability to launch rockets, build satellites, and operate a communications network in space.

Rocket Lab Corporation (RKLB) Chosen by NASA to Launch Sun, Earth Sciences Missions
Insider Monkey87d agobearish
Rocket Lab Corporation (RKLB) Chosen by NASA to Launch Sun, Earth Sciences Missions

Rocket Lab Corporation (NASDAQ:RKLB) is among the 8 Aerospace and Defense Stocks with the Largest 5Y Share Price Returns, having surged nearly 800% during the period, as of the close on June 29. On June 25, the company announced that it had been selected by NASA to launch Sun and Earth Sciences missions. Under the […]