Space stocks lost expected support when the S&P committee rejected fast-tracking SpaceX into the index, removing forced passive buying, while funds sell tech to raise cash for next Friday's SpaceX IPO. Rocket Lab's $150 looks like the top, with a likely lower high, perhaps dropping to $100 on Monday before rebounding to $120-130. x.com  x.com 

Small space stocks like AST SpaceMobile and Rocket Lab remain shorts: they have gone into a delirious pump since 2025 in sympathy with SpaceX anticipation, and retail has not yet taken enough pain. The time to cover is once they get eviscerated. x.com 

Space stocks could regain high-beta flows as SpaceX lockups end and a probable late-November Anthropic IPO threatens AI stocks, much as SpaceX's IPO hurt space names. Hedge funds are overexposed to the Magnificent Seven and underexposed or max short low-quality high beta; falling rates and toppy oil could make the rotation painful for them through 2027. AST SpaceMobile could benefit as intermittent service triggers agreements and Blue Origin possibly returns to the pad in six weeks. x.com  x.com 

Other space stocks look less attractive as liquidity concentrates in SpaceX. StonkChris expects most to face a tougher long-term outlook, though some may still win; the visible flow of liquidity into one name supports that concern. x.com 

SpaceX's strong earnings give its bullish setup fresh fundamental support. Revenue of $14.58 billion, adjusted EBITDA of $8.81 billion and operating income of $2.79 billion beat expectations, as did connectivity and space revenue; 35 launches and mass to orbit fell short. The shares are also pushing through a cup-and-handle breakout. x.com  x.com 

A stronger SpaceX could lift the wider space-stock basket, including AST SpaceMobile, Rocket Lab, Redwire, Planet Labs, Intuitive Machines, Firefly Aerospace and Voyager Technologies. Per DeItaone, JPMorgan raised its SpaceX price target from $240 to $500 while maintaining Overweight. The seven space stocks rose alongside SpaceX after hours. Their initial post-IPO selloff was followed by macro-driven weakness, not further weakness caused by SpaceX. x.com  x.com  x.com 

Space stocks such as Redwire and AST SpaceMobile have run too far on retail chasing and look like shorts into the SpaceX IPO. Government contracts are already priced in, and the stocks price years ahead while ignoring execution risk. The SpaceX IPO should absorb more liquidity as institutions sell the news, leaving retail holding the bag. AST SpaceMobile is the second-biggest space short after EchoStar; sell space stocks before IPO day, though the broader market can stay steady through July. … Show more

SpaceX faces near-term selling risk from an insider-share unlock despite a remarkably strong quarter. Tomorrow, 28% of its insider lockup pool, nearly 10% of all shares, becomes eligible for sale. Revenue reached $14.6 billion, up 161%, with $4.4 billion in net profit; $7.6 billion in AI revenue now exceeds Starlink and other connectivity revenue combined. x.com 

A SpaceX IPO should send the market chasing space supply-chain stocks next. Launch and spacecraft: Rocket Lab, Intuitive Machines, Redwire, York Space, Voyager, Firefly. Satellite internet and data: AST SpaceMobile, Iridium, Planet Labs, BlackSky, Spire, Amazon's Kuiper. Materials: MP Materials, Alcoa, Freeport, Teck, ATI, Hexcel, Park Aerospace, Carpenter, Corning, Materion. Chips and optics: Lumentum, Coherent, Applied Optoelectronics, Qorvo, Analog Devices, STMicro, Broadcom, Nvidia. x.com 

SpaceX stock should benefit from basic supply and demand: its float is relatively low and it is on a fast track into the Nasdaq-100, so institutions need to position ahead of inclusion. Current market conditions and sentiment support that, and in a generational bull market the best approach is to stay invested in winners. x.com  x.com