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ASTS, RKLB, RDW, LUNR Slip Overnight: SpaceX IPO Hype Loses Orbit

July 22, 2026 · Curated by 247ignite
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ASTS, RKLB, RDW, LUNR Slip Overnight: SpaceX IPO Hype Loses Orbit

Stocktwits

SpaceX's IPO valuation target was reportedly adjusted to $1.8 trillion, down from earlier expectations exceeding $2 trillion. Despite the recalibration, the IPO remains the largest in Wall Street history, raising $75 billion. The news tempered enthusiasm across the space sector, with stocks like AST SpaceMobile, Rocket Lab, and Redwire declining in response.

This adjustment reflects broader investor caution about high valuations in the space industry. SpaceX's ability to sustain its valuation will depend on delivering results across its ambitious portfolio, including Starship and Starlink.

Investment implication: The valuation adjustment signals a recalibration of expectations across the space sector. For you, this could influence competitive dynamics and partnerships as investors reassess the industry's growth potential.

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