Retail investors are rushing into the space investing trade ahead of the SpaceX IPO, and one ETF has cashed in on the excitement. Tema ETFs’ Space Innovators ETF, which launched on March 30 and trades under the ticker symbol NASA, crossed $1 billion in assets in just 37 trading days, and by the end of…
Rocket Lab‘s stock blasted 34%, notching its best day ever, after the space company topped first-quarter revenue estimates and announced its largest launch deal on record. The Long Beach, California-based company reported $136.7 million in revenue for its space systems business and $63.7 million for its launch segment. That topped FactSet estimates of $132.1 million…
A screen displays the Firefly Aerospace logo during the company’s IPO at the Nasdaq MarketSite in New York City, U.S., August 7, 2025. Jeenah Moon | Reuters Space stocks soared Wednesday following a report that Elon Musk’s SpaceX could file to go public as soon as this week. Satellite designer AST SpaceMobile and Rocket Lab…
Europe’s Ariane 6 rocket takes off, in Kourou, French Guiana, July 9, 2024. European Space Agency ESA | Via Reuters A new layer of critical infrastructure is emerging above our heads. Low Earth Orbit (LEO) — which NASA defines as the stretch of space at an altitude of 2,000 km or less — is rapidly evolving from…
Vast missed out on the first round of NASA awards for the next International Space Station, but that isn’t stopping the company from going all in on stage two. CEO Max Haot told CNBC’s Morgan Brennan this week that the company is betting on its “leapfrog strategy” and planning to build and launch a successful…
Rocket Lab posted record revenues in the third quarter as it scoops up more launch deals and builds its backlog. The space stock slipped more than 1% on Tuesday, pulling back from earlier gains. The company, which makes satellites and rockets and provides launch services to its customers, on Monday reported revenue of $155 million…
SpaceX is valued at around $400 billion and is critical for U.S. space access, but it wasn’t always the powerhouse that it is today. Elon Musk founded SpaceX in 2002. Using money that he made from the sale of PayPal, Musk and his new company developed their first rocket, the Falcon 1, to challenge existing…
CNBC’s Jim Cramer on Monday listed four stocks he thinks have momentum, powered by excitement from retail investors — Palantir, AppLovin, Robinhood and Coinbase — dubbing the group “PARC.” “These PARC names are emblematic of how stocks have devolved into a two-track market,” he said. “There’s the S&P 500, and then there’s this handful of…
An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023. Rocket Lab Rocket Lab stock soared nearly 11% Monday, building on a strong run fueled by space innovation. Shares of the space infrastructure company have nearly doubled over the past two months following a slew of successful launches and…
