Planet Labs

PL

Market cap $15.4B

Blue Origin should fly again in 2026 after New Glenn explosion. Space stocks jump on NASA commercial station plans.

PL is set to report Q1 earnings on June 4 with expected $89.8M revenue (+35.5%) but a loss of 3 cents.

Planet Labs (NYSE:PL) is trading in record territory ahead of earnings due out after Thursday's close, June 4.

Space stocks are splitting hard in Tuesday's session. Virgin Galactic (NYSE:SPCE) stock is crashing 32% to around $5.08 in mid-morning trading, while AST SpaceMobile (NASDAQ:ASTS) stock climbs 10% to around $116 and Planet Labs (NYSE:PL) stock advances 9% to around $50.50.

Planet Labs (NYSE: PL) stock has been firing on all cylinders and has continued to beat most companies in the space industry. It has jumped by 695% in the last 12 months and by 135% this year.

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced that Pelican-11, the tech demonstration satellite of the second generation (Gen 2) of its high-resolution Pelican™ fleet, has shipped to Vandenberg Space Force Base in California ahead of its launch aboard the upcoming Transporter-17 rideshare mission with SpaceX. Planet's first generation (Gen 1) Pelicans are designed to capture 50 cm class resolution.

The space sector split is widening fast Monday morning. Virgin Galactic (NYSE:SPCE) stock is up 18% to $7.28, while launch-exposed peers are sliding hard.

Economic releases this week will spotlight employment—in both the JOLTS and the jobs report—and business purchasing activity. Palo Alto, Dollar General, and Lululemon will close out this earnings season.

In order to buy SpaceX, investors must buy X and xAI as well at the SpaceX IPO. Rocket Lab, Planet Labs, and Voyager Technologies offer purer-play ways to invest in space.

A Blue Origin New Glenn rocket exploded on its launch pad last night. Planet Labs does not use Blue Origin for satellite launches.