BUZZ-Space stocks rise after report of SpaceX IPO plans
Satellogic Inc. Class A SATL | 7.05 6.95 | +4.14% -1.40% Pre |
Sidus Space, Inc. Class A SIDU | 3.67 3.65 | +18.77% -0.56% Pre |
Destiny Tech100 Inc DXYZ | 28.08 27.86 | -1.30% -0.78% Pre |
Rocket Lab RKLB | 67.67 68.66 | -0.09% +1.46% Pre |
Virgin Galactic SPCE | 3.07 3.25 | +24.80% +5.82% Pre |
** Shares of U.S. space companies rise premarket after The Information reports SpaceX is aiming to file its IPO prospectus with regulators later this week or next week
** Report states SpaceX could try to raise more than $75 billion in the IPO
** Sidus Space SIDU.O climbs 2.5%, Rocket Lab RKLB.O adds 3.6%, AST SpaceMobile ASTS.O up 3.3% and Satellogic SATL.O rises 4.5%
** Virgin Galactic SPCE.N up 1.9%, Planet Labs PL.N gains 3% and Intuitive Machines LUNR.O climbs 4.8%
** Telecoms company EchoStar SATS.O, which owns SpaceX stock, rises 6.5% and Destiny Tech100 DXYZ.N - a fund that invests in privately owned technology heavyweights - surges 19.3%
** Procure Space ETF UFO.O and ARK Space & Defense Innovation ETF ARKX.Z climb more than 2% each in low volumes