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SpaceX priced its initial public offering on June 11th and closed its Nasdaq debut at $161 a share, up 19% on day one and up another 20% the session after, making it the largest IPO in stock market history by several measures. After hitting a high of about $226 on June 26th, the stock has since set…
The global space economy grew 12% last year, reaching $686 billion, according to a new report from Space Foundation. That’s the second double-digit gain of the decade, though it trails 2021’s 15.5% post-pandemic surge. It’s the fourth-highest growth rate Space Foundation has recorded since it began…
In the span of roughly twelve months, NASA’s Commercial LEO Destinations program — CLD — has been restructured, redirected, walked back, and redirected again. That’s not normal. It’s worth talking about why. The CLD program was created in March 2021 under the Biden administration. The idea was stra…
The United States is launching more rockets than ever before — but is it enough? With U.S. orbital launch demand already surpassing 180 launches per year and a pipeline of satellite constellations, government missions, and proposed space-based data centers that could push that number into the thous…
The Office of Space Commerce says it will publish a Federal Register notice within weeks seeking the first applications for its proposed space licensing certification. The notice would invite companies to apply under the “Space Commerce Certification,” a voluntary process OSC proposed in March to c…
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