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SpaceX gets bullish Wall Street price target of $220 from Pivotal Research for end-2027
Pivotal Research Group initiated coverage of SpaceX (SPCX) with a Buy rating and a year-end 2027 price target of $220. The target hinges on Starship achieving 20 to 50 flights per vehicle with inexpensive refurbishment and rapid turnaround, which could cut launch costs by more than 90%. If Starship fails to meet that reusability milestone on schedule, Pivotal's bear-case scenario values the stock at $75. SpaceX shares trade around $146.
Chinese Academy of Sciences achieves breakthrough in sliding ferroelectric tunnel junctions
The team used interface engineering of 2D van der Waals heterostructures to achieve a resistance change of tens of millions of times from a 0.1 nm atomic-layer slip. The findings were published in Science on September 11.
Space ETFs Multiply: VanEck, WisdomTree, and Seraphim Launch New Funds
Three new ETFs targeting the space economy have recently hit the market: VanEck and WisdomTree launched their funds in May and July respectively in the US, while London-based venture capital firm Seraphim Space debuted its New Space UCITS ETF in partnership with HANetf. Seraphim CEO Mark Boggett said the opportunity is not simply investing in space, but in the infrastructure layer that powers connectivity, intelligence, and economic activity. Performance among the largest US space ETFs is mixed: the Tema Space Innovators ETF (NASA) is down about 2% year-to-date, the Ark Space & Defense Innovation ETF (ARKX) is up just over 9%, and the Procure Space ETF (UFO) is up 10.5%.
Planet Labs posts record Q2 revenue of $116M, up 58% YoY
Earth-imaging company Planet Labs reported Q2 fiscal 2027 results (period ended Sept. 3, 2026): revenue hit a record $116 million, up ~58% year-over-year; non-GAAP gross margin was 59%; adjusted EBITDA profit was $13.9 million. Defense & Intelligence revenue surged over 90% YoY. The company raised its full-year revenue guidance to $430M-$441M (from $425M-$441M) and expects full-year adjusted EBITDA of $3M-$10M.