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AST SpaceMobile rose 3.85% after hours following a 4.5 million share sale by Rakuten, while reporting strong revenue growth and upcoming earnings on May 11.
Space analytics company HawkEye 360 set its initial public offering (IPO) price at $26 on Wednesday. The Herndon, Virginia-based company sold 16 million shares, which is expected to raise about $416 million. HawkEye is expected to begin trading on Thursday on the New York Stock Exchange under the ticker symbol "HAWK." A Strategic Move The offering consists entirely of newly issued common shares being sold by HawkEye 360. The company said the $416 million figure is before underwriting fees and other costs tied to the deal. Underwriters also received a 30-day ability to buy up to 2.4 million additional shares at the IPO price, minus underwriting discounts and commissions. That provision could expand the share count sold if exercised. The offering was underwritten by Goldman Sachs, Morgan Stanley, RBC Capital Markets, Jefferies and BofA Securities. Growing Demand for Space Intelligence Several major developments are underway in the industry. The White House rolled out the National Initiative for American Space Nuclear Power, SpaceX's potential record setting IPO is capturing massive investor attention, and NASA's Artemis II mission successfully brought astronauts back from deep space for the first time in more than five decades. Planet Labs PBC (NYSE: PL) shares have experienced a significant uptick in stock value, reflecting the overall rising tide in the space ecosystem as firms gear up for their own public offerings. IPO Market Is Growing HawkEye's debut comes amid signs of recovery in the U.S. IPO market following a volatile start to 2026. X-Energy Inc. (NASDAQ: XE) debuted on April 24, with shares opening at $30.11, up 31% from the $23 IPO price after the company raised about $1.02 billion in an upsized offering. Aevex Corp. (NYSE: AVEX) jumped 35% in its April 17 NYSE debut after raising $320 million, highlighting strong investor appetite for defense-linked companies. SoftBank Group Corp. is also preparing for a major market move, targeting a 2026 IPO for Roze AI, its autonomous robotics venture for data center construction, at a potential valuation of up to $100 billion. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor.
Former Rep. Marjorie Taylor Greene amplified allegations of suspicious oil trading activity after nearly $920 million in crude oil short positions were reportedly placed shortly before reports of a potential U.S.-Iran deal triggered a sharp market selloff.
Sen. Elizabeth Warren (D-Mass.) reiterated on Wednesday, April 6, her misgivings over suspected insider trading in bets tied to U.S. military strikes on Iran.
Leading cryptocurrencies took a breather on Wednesday, while stocks closed at new records as investors weighed the report of a potential U.S.-Iran deal to end the war.
Redwire shares are moving lower in after-hours on Wednesday after the company reports first-quarter results and announces plans to offer and sell up to $350 million in common stock.
Hidden 700-day pattern in Bitcoin could trigger 8x move. Supply cut and timing suggest bottoming out, with potential $160K target. Leverage flushed out, sentiment cooled, now is the time to pay attention.
Robinhood's Vlad Tenev broke with the prediction market industry line, conceding Gary Gensler may be right about sports event contracts on CNBC this week.
Starbucks shares are trading higher Wednesday afternoon as investors react to a fresh earnings-driven update that points to improving traffic and a turnaround narrative.
Cryptocurrency exchange giant Coinbase Global (NASDAQ:COIN) could create volatility for the crypto sector when the company reports first-quarter financial results Thursday
