Weekly recap

NVIDIA lost about $190 billion in market value on Nov. 9 after President Trump said the FBI is looking into the matter around CEO Jensen Huang; shareholders filed a class action; the board says it has confidence in him.

The two ESCAPADE spacecraft Rocket Lab built for NASA completed their trans-Mars injection burns on Nov. 7 and Nov. 9 and are on course to reach Mars in September 2027.

NASA awarded Redwire the power generation work for miniCAST, a Moon Base communications and solar tower project, using its Roll Out Solar Array technology; the award is reported at about $40 million.

BlackSky won a seven-figure, one-year Assured contract from a new international ministry of defense customer for priority tasking of its Gen-3 imagery and AI-enabled analytics.

AST SpaceMobile and Rakuten agreed to form a joint venture to build a direct to device satellite network in Japan, backed by up to $1b in Japanese government funding.

Rocket Lab said it signed over $515 million in Neutron launch contracts with constellation operators in Q3, taking Neutron's backlog to 16 missions and its base launch price to $70 million for several of them.

NASA named Intuitive Machines one of eight providers on CLPS 2, its 10-year lunar delivery contract with a combined maximum value of $10 billion.

AeroVironment won a multiyear contract with a ceiling of $940 million from an undisclosed U.S. customer, including an initial award of about $315 million for product deliveries and support.

The Pentagon's Office of Strategic Capital made a $150 million conditional loan commitment to Rocket Lab to raise the flight rate of its Neutron rocket, whose debut is set for no earlier than 2027.

NASA selected Rocket Lab and SpaceX among eight providers for Commercial Lunar Payload Services lunar delivery contracts worth up to $10 billion in missions.

IonQ partnered with Carahsoft to offer its quantum computing systems to US federal agencies through Carahsoft's public sector contracts and procurement channels.

AST SpaceMobile reported Q3 revenue of $42.3 million, below the $46 million expected, with a loss of $0.44 a share, and kept its 2026 revenue outlook of $150 million to $200 million.

Rocket Lab posted record Q3 2026 revenue of $268 million, up 73%, with backlog at a record $3.57 billion; it guided Q4 revenue to $270 million to $290 million.

SpaceX plans to build and run a gas-fired power plant and super-compute facility in Starbase, Texas, with a first phase estimated at $24 billion; the city reviews a tax abatement on December 9.

NVIDIA's board will have external counsel investigate CEO Jensen Huang after he admitted an affair with an executive the US government says works with Chinese intelligence.

NASA named SpaceX, Blue Origin and Lockheed Martin among companies picked for its Moon Base lunar delivery contracts, worth up to $10 billion.