Virgin Galactic Crashes 32% on Settlement Dilution Fears, AST SpaceMobile Rises 10%, Planet Labs Climbs 9%
Key takeaways
- AST Space Mobile (ASTS) stock climbed 10% after the company reaffirmed FY2026 revenue guidance of $150M-$200M and confirming three satellite launches on Falcon 9 in mid-June.
- Planet Labs (PL) stock advanced 9%, bolstered by quarterly revenue of $81.25M, up 33% year over year, with remaining performance obligations surging 361% to $672.47M.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and AST SpaceMobile didn t make the cut.
Virgin Galactic Crashes 32% on Settlement Dilution Fears, AST Space Mobile Rises 10%, Planet Labs Climbs 9% David Moadel Tue, June 2, 2026 at 9:47 PM GMT+7 4 min read SPCE ASTS PL NVDA Quick Read Virgin Galactic (SPCE) stock crashed 32% after preliminary court approval for a shareholder derivative settlement reignited dilution fears tied to its capital realignment plan, though the shares are still up 55% year to date.
AST Space Mobile (ASTS) stock climbed 10% after the company reaffirmed FY2026 revenue guidance of $150M-$200M and confirming three satellite launches on Falcon 9 in mid-June.
Planet Labs (PL) stock advanced 9%, bolstered by quarterly revenue of $81.25M, up 33% year over year, with remaining performance obligations surging 361% to $672.47M.