SpaceX IPO Valuation Target Drops Below $2 Trillion, Dragging (NASDAQ: ASTS), (NASDAQ: RKLB), and (NASDAQ: LUNR) Lower

Foreign Policy Journal

Foreign Policy Journal

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May 29, 2026

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SpaceX IPO Valuation Target Drops Below $2 Trillion, Dragging (NASDAQ: ASTS), (NASDAQ: RKLB), and (NASDAQ: LUNR) Lower

Shares of AST SpaceMobile (NASDAQ: ASTS), Rocket Lab USA (NASDAQ: RKLB), Redwire (NYSE: RDW), and Intuitive Machines (NASDAQ: LUNR) slipped in overnight trading as SpaceX IPO optimism cooled following a report of a lower valuation target. Bloomberg reported that SpaceX is targeting a valuation of at least 1.8 trillion, down from earlier expectations that the [] The post SpaceX IPO Valuation Target Drops Below 2 Trillion, Dragging (NASDAQ: ASTS), (NASDAQ: RKLB), and (NASDAQ: LUNR) Lower appeared first on Foreign Policy Journal.

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