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The SpaceX IPO is approaching, and US space stocks are seeing a strong performance ahead of time, with Virgin Galactic up over 34% consecutively.

2026.06.12 08:29:49

June 12: Ahead of SpaceX’s IPO tonight, U.S. space-related stocks rallied strongly on Thursday, continuing their ascent into after-hours trading across several key names. Key performance highlights included: Virgin Galactic (SPCE) closed up 21.66% in regular trading, then rose an additional 13.09% in after-hours trade; AST SpaceMobile (ASTS) notched an 11.73% gain at the session close, with post-market activity adding 6.46% more; Rocket Lab (RKLB) gained 9.26% during regular hours, extending that advance by 7.62% after the market shut; Destiny Tech100 (DXYZ)—a closed-end fund holding SpaceX shares—ended the day up 9.53%, seeing 7.32% more growth in after-hours trading. SpaceX will make its public debut Friday, launching trading after the U.S. stock market opens at an IPO price of $135 per share, which values the company at approximately $1.77 trillion under the ticker symbol SPCX.
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New World Model Odyssey-3 scores 66.1 in physics benchmark test, outperforms FLUX 3, now open for free trial.

Beating AI Express: World model company Odyssey has officially launched Odyssey-3, with its Flash version now available for free trial. The model can generate explorable worlds in real time from text, with visuals updating dynamically as users move or rotate the camera. The team also showcased experiments applying the same model to robotic arms, humanoid robots, vehicles, and game characters. Odyssey-3 first learns object movement and action outcomes from internet videos, game play recordings, and physical simulations. When deployed for robots or vehicles, the main pre-trained model parameters remain unchanged; the team only needs to train additional small control modules to translate the model’s learned knowledge into operational instructions. While different machines still require separate adaptation, full retraining of the entire model is unnecessary. Odyssey trained a dedicated control module using just 20 hours of simulated driving data, enabling a car to operate on real roads in India. In tests, the simulated data training scheme delivered approximately 77% of the driving distance between two safety officer takeovers compared to the real driving video training scheme. For the humanoid robot developed in partnership with Flexion, after training on tens of hours of remote control demonstration data, it can complete tasks even under varying lighting conditions. In game experiments, the control module learned from roughly 2 hours of Grand Theft Auto V (GTA V) gameplay footage, and without additional training, it enabled characters to ride horses and move in Red Dead Redemption 2. In the Physics-IQ Verified physical video prediction test, Odyssey-3 Pro scored 66.1 points, surpassing FLUX 3 [large]’s 64.35 points, with both results being the best from 8 trials. Odyssey also released WorldMark evaluation results, where the model secured first place in three out of four interaction scenarios.

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Ethereum rebounded to break through $2,500, with its 24-hour decline narrowing to 2.4%.

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US after-hours trading rebounds for semiconductor, optical communication, and storage-related concepts; LITE's CEO states that all optical device production capacity will have been fully sold out by early 2029.

According to market data from BIT (bit.com), semiconductor, optical communications and storage concepts rebounded in U.S. after-hours trading. Applied Optoelectronics (AAOI) rose nearly 5%, while Lumentum (LITE) gained 3%. Michael Hurlston, CEO of leading optical communications firm Lumentum, said today that as tech companies race to build faster AI data centers, the company’s optical component production capacity has been fully booked through early 2029. For some products, about 70% of demand will still go unmet next year, and for others, 30% of demand will remain unsatisfied through 2028. Back in April this year, Hurlston had stated that he expected full-year 2028 production capacity would be fully booked within two quarters.

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A high-win-rate trader goes long on 12,000 Ethereum, valued at $29.88 million.

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Crypto mining firm MARA sells 996 BTC worth approximately $81.13 million.

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