Virgin Galactic Craters 24%, Rocket Lab Drops 8%, AST SpaceMobile Falls 10% as SpaceX Hype Triggers a Space-Stock Shakeout

Shares of Virgin Galactic (NYSE:SPCE) are down 24% in early Friday trading, while Rocket Lab (NASDAQ:RKLB) stock is down 8% and AST SpaceMobile (NASDAQ:ASTS) stock is trading 10% lower. These price moves arrive on the same morning that privately held SpaceX is making its long-awaited trading debut.
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Virgin Galactic Soars 20%, AST SpaceMobile Rises 7%, Planet Labs Gains 6%, Rocket Lab Advances 5% as Space Stocks Catch a Bid

Space stocks are catching a strong bid at midday Thursday, June 11. Virgin Galactic (NYSE:SPCE) stock is leading the pack, up 20% intraday on a fresh liquidity catalyst, while sector peers ride a broader wave of enthusiasm into a highly anticipated SpaceX IPO window.

Virgin Galactic shares a 1st look at its new spaceplane, SpaceShip

Virgin Galactic recently shared a first look at its new spaceplane that later in 2026 is due to begin taking paying customers to the edge of space.

UFO ETF Faces a Concentration Crisis as Virgin Galactic Surge Becomes Unsustainable

The Procure Space ETF (NYSEARCA:UFO) has gone from a sleepy thematic vehicle to one of the sharpest risers in the market, with UFO shares up about 32% in the past month and 165% over the past year. That move is being powered by a re-rating of small commercial space names like Virgin Galactic (NYSE:SPCE),

Space stocks tumble as investors race to SpaceX

Since news of the SpaceX debut started circulating late last year, smaller space-related stocks had rallied on the back of it. But that came to a halt as Elon Musk‘s company seized the spotlight and underscored the flood of investment needed to built out the industry.

Virgin Galactic reveals new ship, but it’s running out of time and cash

On Thursday, the publicly traded spaceflight company Virgin Galactic shared on social media a new photo of its next-generation spaceship being towed outside of its factory in Mesa, Arizona. You remember Virgin Galactic,
Forbes

When Is Virgin Galactic’s Next Launch?

Correction, Oct. 16, 2024: This story originally stated a team from Virgin Galactic traveled to an altitude of about 53 miles and crossed the Kármán line. That has been clarified, as the team did not cross the Kármán line. Threading the needle by ...
Fox News

Space travel tickets are back, but prices keep rising

After nearly two years on pause, Virgin Galactic is selling tickets again. The catch is the price. A seat now costs $750,000. That number is not a typo. It is also a sharp increase from the company's earlier pricing, which was $600,000. Now the company is ...

SpaceX soars in historic Wall Street debut as stock jumps on record‑setting IPO

SpaceX closed its first day as a publicly traded company with a record‑breaking performance, marking the largest IPO in history. Shares opened above expectations and climbed throughout the day before settling near $161.