Victor Glover, a Navy captain and NASA astronaut, made history in April 2026 by piloting Artemis II, becoming the first African American to travel beyond low Earth orbit. The mission set a new distance record for human space travel, highlighting not just personal achievement, but also the extensive industrial support behind such missions.
In parallel, SpaceX’s recent IPO saw its stock priced at $150, experiencing a 40% surge shortly after, then dropping back to its initial price. Louis Navellier, a quantitative investor, advises caution, stating that only 5-6% of SpaceX’s shares are tradable, with a significant inventory expected to hit the market as early investors cash out after lockup periods.
Navellier identifies Planet Labs, which operates the world’s largest fleet of Earth-observation satellites, as a promising investment currently rated an “A” despite being affected by SpaceX’s IPO impact. In this climate, he warns that retail investors are increasingly moving in synchronized patterns driven by AI trading systems, potentially exacerbating sell-off risks.
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