SpaceX's Starlink Satellite Encounters Orbit Anomaly and Debris Loss

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Source: Investor's Business Daily
SpaceX's Starlink Satellite Encounters Orbit Anomaly and Debris Loss
Photo: Investor's Business Daily
TL;DR Summary

SpaceX lost contact with a Starlink satellite, which is expected to reenter Earth's atmosphere within weeks, while Intuitive Machines received an overweight rating from KeyBanc and surged over 23% on near-term growth prospects. EchoStar's stock rallied nearly 40% in December amid plans for SpaceX's IPO, which could value the space company at $1.5 trillion, and the company benefits from spectrum sales and strategic partnerships. Overall, the space sector is experiencing notable developments and stock movements.

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