47
Markets2h 17m ago

Planet Labs PBC shares are climbing Thursday as rotation into commercial space stocks builds ahead of SpaceX's historic IPO.

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not specified

Who
Planet Labs PBC, SpaceX, Alphabet, Bank of America, EchoStar, Destiny Tech 100, AST SpaceMobile, Rocket Lab
What
Planet Labs PBC shares are climbing Thursday as rotation into commercial space stocks builds ahead of SpaceX's historic IPO.
When
Thu, 11 Jun 2026 18:47:22 GMT · 2h 17m ago
Where
not specified ·
Why
Traders are looking for publicly traded names that can benefit from the surge in attention and capital flowing into the sector as SpaceX is still private until Friday.
The Frontline Impact

How this affects you

The impending SpaceX IPO is driving investment into the broader commercial space sector, causing shares of publicly traded companies like Planet Labs to increase. This indicates a growing investor interest in the space economy.

Story chain

13 events in this thread
  1. Markets1h 19m ago
    SpaceX is set to make the largest IPO ever on the Nasdaq, pricing shares at $135 each for a valuation nearing $1.8 trillion.
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  2. Markets1h 53m ago
    President Donald Trump announced the suspension of US military strikes on Iran, citing progress in peace negotiations.
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  3. Currently Reading2h 17m ago
    Planet Labs PBC shares are climbing Thursday as rotation into commercial space stocks builds ahead of SpaceX's historic IPO.
  4. Markets2h 22m ago
    Crypto perpetual contracts are pricing a 22% Day-1 jump for the SpaceX IPO, while Polymarket traders are less convinced.
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  5. Markets2h 30m ago
    Stocks surged and oil prices tumbled after Donald Trump called off planned attacks against Iran, backing down from earlier threats.
    Open article
  6. Markets2h 32m ago
    US stocks are rallying, and oil prices are falling Thursday after President Donald Trump said he called off his threat to bomb Iran in the evening.
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  7. Markets2h 33m ago
    US oil prices collapsed below $87 with WTI crude dropping nearly 3% after President Trump canceled planned Iran strikes.
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  8. Markets2h 48m ago
    Space stocks, led by Momentus and Virgin Galactic, rallied ahead of SpaceX’s Nasdaq debut.
    Open article
  9. Markets2h 50m ago
    US stocks rallied and oil prices fell after President Donald Trump called off a threat to bomb Iran, raising hopes for a deal that could get the global flow of crude going again.
    Open article
  10. Markets3h 29m ago
    Iran warned the US that attacks on its energy infrastructure, specifically Kharg Island, could destabilize global energy markets and lead to severe consequences.
    Open article
  11. Markets3h 44m ago
    President Trump said on Thursday that the US will launch additional attacks on Iran for a second day in a row and threatened to take over Iran’s energy and oil infrastructure.
    Open article
  12. Markets4h 24m ago
    Retail investors are selling top AI-performing stocks, especially semiconductors like Micron Technology, Inc. and Advanced Micro Devices, Inc., to raise cash for the SpaceX IPO scheduled for Friday.
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  13. Markets4h 34m ago
    The European Central Bank (ECB) raised interest rates by 25 basis points on Thursday, June 11, marking its first rate increase since 2023.
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