Planet Labs (PL) Shares Skyrocket, What You Need To Know What Happened? Shares of earth imaging satellite company Planet Labs (NYSE:PL) jumped 7.8% in the afternoon session after Planet Labs launched 20 satellites on SpaceX's Transporter-18 rideshare from Vandenberg, including a prototype for Google's Project Suncatcher, according to the company press release. The stack also carried Tanager-2 and 18 SuperDoves; Planet established contact and began commissioning Tanager-2, the Suncatcher prototype, and two SuperDoves. Google is using the Planet-hosted demo to run four TPUs with the Gemma AI model in orbit, a step toward space-based AI compute. Is now the time to buy Planet Labs? Access our full analysis report here, it's free.
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