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Investors are abuzz about SpaceX's filing for an initial public offering—and the gravitational pull is pushing some stocks up and others down this morning. Shares of Rocket Lab and Firefly Aerospace each fell around 6% at the opening before paring some of their losses, while space-focused companies Virgin Galactic and AST SpaceMobile advanced.
Virgin Galactic (NYSE:SPCE) said it remains on schedule to begin flight testing its first new Delta-class spaceship in the third quarter of 2026 and conduct rocket-powered spaceflight in the fourth quarter, as the company works through the final stages of its pre-revenue development phase. On the c
Virgin Galactic Holdings Inc (SPCE) reports improved financial metrics and strategic advancements as it prepares for commercial space operations.
Yahoo Finance Senior Autos Reporter Pras Subramanian joins Yahoo Finance Markets and Data Editor Jared Blikre to discuss SpaceX's (SPAX.PVT) recent IPO filing with the SEC, what it means for the space sector, and when Elon Musk's latest IPO could go live.For more predictions market insight, check out the new Yahoo Finance Polymarket Hub.
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