# Planet Labs

Type: Company (PL)

Source: Space & Defense Intelligence Brief — https://getspacebrief.com/entity/planet-labs
Canonical HTML page: https://getspacebrief.com/entity/planet-labs

## Timeline

- **2026-06-18**: Stock Tumbles 6.5% as Retail Fades — Shares fall to $178.50, shedding over $150B in value; net retail purchases drop to $9.1M from $300M+.
- **2026-06-17**: Valuation Surges Above $2 Trillion — Post-IPO rally pushes market cap to record levels, making Elon Musk the world's first trillionaire.
- **2026-06-15**: SpaceX Makes Historic Nasdaq Debut — Shares begin trading at $135 in the largest IPO ever, attracting massive retail and institutional attention.
- **2026-03-19**: Planet Labs Earnings — Planet Labs releases Q4 results showing a widening loss despite its role in the GEOINT sector.
- **2026-03-19**: Compass-Zillow Resolution — Compass officially drops its legal action against Zillow following rule changes.
- **2026-03-18**: Q4 Earnings Release — Scheduled reporting of full-year fiscal results and 2027 guidance.
- **2026-03-18**: Fed Commentary — Jerome Powell's hawkish stance on inflation triggers a sharp decline in U.S. stocks and Treasuries.
- **2026-03-18**: Arizona vs. Kalshi — Arizona state authorities file criminal charges against Kalshi over event-based betting.
- **2026-02-10**: Tanager Deployment — Successful launch of the first Tanager hyperspectral satellites for methane tracking.
- **2025-12-15**: Q3 Earnings Call — Planet reported steady growth but highlighted increased CapEx for Pelican launches.

## Recent coverage (6 stories)

### SpaceX Selloff Erases $150B: 6.5% Drop Jolts Defense and Aerospace Suppliers
2026-06-28 16:14:21 · Sentiment: Negative · Impact: 7/10 · Sources: 7

SpaceX's 6.5% plunge on June 18 vaporized over $150 billion in market cap, triggering a sector-wide rout that hit Rocket Lab, AST SpaceMobile, and other key space players. The correction tests the resilience of the commercial space supply chain and defense contractors tied to Elon Musk’s ecosystem.
Full story: https://getspacebrief.com/story/spacex-selloff-erases-150b-defense-impact

### SpaceX Tumbles 6.5%, Dragging Down $150B in Space-Sector Value
2026-06-19 22:41:29 · Sentiment: Negative · Impact: 6/10 · Sources: 2

SpaceX's stock plunge erased $150B in market cap and triggered declines across the commercial space industry, from launch to satellite operators.
Full story: https://getspacebrief.com/story/spacex-tumbles-drags-space-sector-down

### Planet Labs Surges 25% on Record Revenue and AI-Driven Data Acceleration
2026-03-21 00:44:34 · Sentiment: Positive · Impact: 7/10 · Sources: 2

Planet Labs shares soared over 25% following record fiscal fourth-quarter revenue and a breakthrough in in-orbit AI processing. The company's strategic partnerships with Nvidia and Google are accelerating data delivery, resulting in a 79% surge in its fiscal 2026 backlog.
Full story: https://getspacebrief.com/story/planet-labs-q4-earnings-ai-surge-2026

### Planet Labs Hits Profitability Milestone Driven by 50% Defense Revenue Surge
2026-03-20 00:47:38 · Sentiment: Positive · Impact: 6/10 · Sources: 3

Planet Labs achieved its first full year of adjusted EBITDA and positive free cash flow in fiscal 2026, fueled by a massive 50% increase in defense and intelligence revenue. Despite a contraction in commercial and civil segments, a record $900 million backlog signals a successful strategic pivot toward large-scale government contracts.
Full story: https://getspacebrief.com/story/planet-labs-q4-2026-earnings-defense-growth

### Arizona Files Criminal Charges Against Kalshi; Planet Labs Q4 Loss Widens
2026-03-20 00:12:01 · Sentiment: Negative · Impact: 8/10 · Sources: 9

Arizona has initiated criminal proceedings against prediction market Kalshi over alleged illegal betting, marking a major escalation in state-level oversight of financial derivatives. Simultaneously, satellite imagery leader Planet Labs reported a widening Q4 loss amid a broader market downturn triggered by hawkish Federal Reserve commentary.
Full story: https://getspacebrief.com/story/arizona-kalshi-charges-planet-labs-q4-loss

### Planet Labs Q4 Preview: Earth Observation Leader Faces Profitability Test
2026-03-18 04:43:34 · Sentiment: Neutral · Impact: 5/10 · Sources: 3

Planet Labs is set to report Q4 results as the Earth observation market shifts focus from constellation scale to fiscal sustainability. Investors are prioritizing updates on the high-resolution Pelican constellation and the company's path to positive cash flow amidst rising defense demand.
Full story: https://getspacebrief.com/story/planet-labs-q4-earnings-preview-space-defense

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This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getspacebrief.com/guides/methodology for the full editorial methodology.