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-0.00170523751522534 -0.000146163215590749 0.00170523751522534 -0.000725943970767396 -0.023142509135201 -0.0339147381242388 -0.0328867235079172 -0.0367844092570038
Stock impact report

SpaceX IPO buzz lifts aerospace shares on spillover bets [Yahoo! Finance]

Intuitive Machines, Inc. - Class A (LUNR) 
Company Research Source: Yahoo! Finance
Musk's company confidentially filed for a U.S. IPO on Wednesday and is eyeing a potential ?valuation of more than $1.75 trillion, Reuters reported, citing a person familiar with the matter. Shares of Rocket Labs and Planet Labs gained 5.8% and 9.6%, respectively, while Intuitive Machines added 10.5% and Howmet Aerospace climbed 3.4%. Planet Labs has gained over ?56% this year, while ?shares of Intuitive and Howmet rose 26% and 16.3%, respectively. "It isn't unusual for the entire sector to rally because some ?investors will interpret the announcement of the IPO as very positive for that type of industry and the timing is also coincidental with the launch this ?evening of ?the U.S. space escapade," said Peter ?Andersen, founder of Andersen Capital ?Management. NASA is set to launch four astronauts as soon as Wednesday evening on a 10-day flight around the moon. Musk's electric-vehicle company Tesla added 2.6%, while satellite communications company EchoStar, which owns Space Show less Read more
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