EchoStar Corp (NASDAQ: SATS) shares are plunging Friday after ripping higher Thursday when traders piled into SpaceX-linked names.

EchoStar Corp (NASDAQ:SATS) shares are flying on Thursday as SpaceX prepares to go public. EchoStar owns a meaningful stake in SpaceX.

Space-related stocks rallied after hours as investors returned to the sector ahead of SpaceX's anticipated Nasdaq debut.

EchoStar Corp (NASDAQ: SATS) shares are plunging Friday after ripping higher Thursday when traders piled into SpaceX-linked names.

June 12 : U.S. space stocks tumbled on Friday as investors rushed to lock in gains on the day of SpaceX's market debut, snapping a months-long rally fueled by anticipation over…