Tag: Aerospace and defense industry

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Watch CNBC's full interview with Baron Capital chairman and CEO Ron Baron
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Ron Baron expects SpaceX’s Starlink to go public around 2027

Billionaire investor Ron Baron told CNBC on Friday that he expects SpaceX to IPO its Starlink satellite internet service “in 2027 or so.” “We think that by the time they go public with SpaceX, with Starlink … in 2027 or so, four years, the company will be worth $250 billion to $300 billion,” Baron said,...

Virgin Galactic launches first-ever commercial space flight
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Virgin Galactic (SPCE) Q2 2023 earnings report

VMS Eve, operated by Virgin Galactic, returns after the company’s first commercial flight to the edge of space, at the Spaceport America facility, in Truth or Consequences, New Mexico, U.S., June 29, 2023.  Jose Luis Gonzalez | Reuters Virgin Galactic reported second-quarter losses on Tuesday that were slightly wider the year-ago period, as the space...

Here are Monday's biggest analyst calls: Apple, Nvidia, Tesla, Amazon, Chevron, Walmart, Adobe & more
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JetBlue (JBLU) earnings Q2 2023

A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA. Tim Rue | Bloomberg | Getty Images JetBlue Airways slashed its 2023 outlook and warned of a potential loss in the current quarter as travelers opt for destinations abroad and the carrier grapples with the end of its partnership with American...

This little-known clean energy play is gaining momentum and could jump nearly 70%, says Stifel
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Planet (PL) Q1 2024 results

A satellite image captured by a SkySat shows the breached Kakhovka dam in Ukraine on June 6, 2023. Planet Shares of Planet fell after the satellite-imagery and data-analysis company cut its annual revenue guidance following when it reported first-quarter results Thursday. The company lowered its guidance for its current fiscal-year 2024 revenue to a range...