<ul class="summary-bullets"><li>The core Instagram app will remain free, with Instagram Plus serving as an optional paid upgrade.</li><li>Subscribers gain access to enhanced story tools, including the ability to see how many times a story was rewatched.</li><li>The new tier allows users to select custom app icons, use unique bio fonts, pin up to six posts.</li></ul>Meta announced Thursday the global rollout of "Instagram Plus," a new subscription service that introduces a suite of exclusive tools, customization options, and advanced analytics to the popular social media platform.The company emphasized that the standard Instagram experience users currently access will remain completely free. Instagram Plus is positioned strictly as an optional upgrade for users seeking greater control over their feeds, deeper insights into their audience engagement, and enhanced aesthetic customization."Instagram Plus offers exclusive features to help you express yourself, connect deeper with friends, and customize your experience in new ways," the company said in its announcement.<a href="https://stocktwits.com/symbol/META">Meta shares</a> gained nearly 1% on Thursday following the announcement.&nbsp;<h2 class="st-heading-2">Instagram Plus features</h2>The premium tier features are divided into three primary categories focused on social connection, analytics, and profile personalization.To help users connect with their close circles, the platform is introducing "Multiple Story Audiences," allowing subscribers to segment their viewers into custom lists beyond the existing "Close Friends" feature. Subscribers can also utilize "Story Spotlight" to prioritize their posts in friends' feeds, extend the lifespan of their stories from 24 to 48 hours, and send animated "Super Hearts."For creators and users who track engagement, Instagram Plus provides the highly requested algorithmic transparency tools. Subscribers can now access "Story Rewatch Insights" to see how many times their stories have been viewed repeatedly, use a search bar to instantly scan their viewer lists for specific users, and preview others' stories without immediately triggering a view receipt.Aesthetically, the paid tier opens up new visual customization options. Users can choose custom app icons designed by prominent creators, apply unique fonts to their bio profiles, and double their profile pin limit from three posts to six. Additionally, a new "Post Directly to Profile" feature allows subscribers to archive photos directly to their grid or highlights without blasting the update into their followers' main home feeds.The service is rolling out globally, effective immediately, with Meta promising that additional premium features will be added to the subscription tier over the coming months. Meta did not immediately disclose regional monthly pricing for the new service.<h2 class="st-heading-2">Meta Retail View&nbsp;</h2>Retail sentiment on Stocktwits was “bullish” with “high” message volumes on Thursday. Retail message chatter on Stocktwits has soared 70% over the past 30 days and over 200% over the past three months.&nbsp;While SPY and QQQ ETFs, which include Meta as one of the top holdings, had an overall "bullish" retail sentiment.&nbsp;META stock has lost close to 5% year-to-date.For updates and corrections, email newsroom[at]stocktwits[dot]com.

The logo of the Instagram app can be seen through a magnifying glass on the display of a smartphone on February 19, 2025. (Photo by Matthias Balk/picture alliance via Getty Images)

META Launches Instagram Plus As A New Subscription Service — Stock Gains

Meta announced Thursday the global rollout of "Instagram Plus," a new subscription service that introduces a suite of exclusive tools, customization options, and advanced analytics to the popular social media platform.

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Meta’s Instagram has launched "Instagram Plus," a premium subscription service offering exclusive customization, deeper story insights, and advanced sharing controls.

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<ul class="summary-bullets"><li>SpaceX plans to raise $75 billion at $135 per share, valuing the company at $1.77 trillion, or more than $1.8 trillion on a fully diluted basis.</li><li>Tesla influencer AleXandra Merz said that the IPO is only one step in SpaceX's funding journey, citing estimates of $235 billion in capital needs through 2030.</li><li>Satellite communications analyst Tim Farrar revived the view that 'betting against space' has often been the more rational trade.</li></ul>Space stocks extended their selloff overnight heading into Wednesday as investors weighed growing bearish interest around SpaceX's blockbuster IPO and mounting questions over its $1.8 trillion valuation.The weakness followed a brutal Wednesday session that saw shares of&nbsp;<a href="https://stocktwits.com/symbol/ASTS">AST SpaceMobile (ASTS)</a>,&nbsp;<a href="https://stocktwits.com/symbol/RKLB">Rocket Lab (RKLB)</a>,&nbsp;<a href="https://stocktwits.com/symbol/SPCE">Virgin Galactic (SPCE)</a> and&nbsp;<a href="https://stocktwits.com/symbol/RDW">Redwire (RDW)</a>, among other space stocks, all plunge up to 15%. In overnight trading, ASTS and RKLB each fell about 2%, RDW declined 3%, and SPCE sank 6%.&nbsp;<h2 class="st-heading-2">How Big Can SpaceX's IPO Get?</h2>According to SpaceX’s filing with the U.S. Securities and Exchange Commission (SEC) late Wednesday, the company plans to sell 555.6 million shares at $135 per share, raising $75 billion and valuing the company at $1.77 trillion. On a fully diluted basis, the valuation exceeds $1.8 trillion. The company is expected to begin formally marketing the deal on Thursday ahead of a June 11 share sale and a trading debut the next day.The scale of the offering could grow further if investor demand proves strong. Tesla influencer Sawyer Merritt&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/SawyerMerritt/status/2062279384996717037">noted on X</a> that full exercise of the IPO's overallotment option could increase the value of shares sold by $11.25 billion. "If demand for SpaceX stock is strong enough with this IPO, the company says it could raise upwards of $85.7 billion," Merritt said.&nbsp;The initial IPO filing had ignited a brief rally among space stocks after SpaceX called the sector’s opportunity as the "largest actionable total addressable market in human history," estimating a $28.5 trillion market spanning launch services, Starlink connectivity, direct-to-cell communications and AI infrastructure.&nbsp;<h2 class="st-heading-2">Why SpaceX May Need More Capital</h2>While much of the market has focused on SpaceX’s valuation, Tesla influencer AleXandra Merz, who posts under the handle TeslaBoomerMama on X,&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/TeslaBoomerMama/status/2062329488961376400">said</a> that the $75 billion to $83 billion raise would provide financial flexibility, but added that SpaceX's plans for Starlink expansion, Starship development and AI infrastructure point to funding needs that extend far beyond a single capital raise.Merz noted that SpaceX already carries debt estimated at $29 billion and highlighted estimates circulating among investors that place the company's capital requirements at $235 billion through 2030: "This is normal for a company still in heavy build mode," she wrote. "It just means the IPO is an important milestone, not the end of the funding journey."Merz also flagged a larger retail allocation than is typical for a major IPO. However, she cautioned that participation would still depend on brokerage relationships, allocation availability, account minimums and confirmation requirements. She said: "Many will likely be disappointed with their actual allotment on June 12 — just putting that out there to help manage expectations."&nbsp;<h2 class="st-heading-2">SpaceX Bears Circle The IPO</h2>While Wall Street's biggest banks secured roles on the IPO, one notable name was missing from the underwriting syndicate: Jefferies Financial Group. According&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2026-06-03/shorting-spacex-jefferies-becomes-go-to-bank-after-missing-ipo">to</a> Bloomberg, hedge funds interested in betting against SpaceX after its public debut have approached Jefferies to explore potential short-selling opportunities. Jefferies' absence from the underwriting group has reportedly left the firm uniquely positioned to facilitate bearish trades once shares begin trading.The discussion around potential short bets prompted satellite communications analyst Tim Farrar to revive a bear thesis: "'Betting against space' has often been the most rational approach until the last few years," Farrar&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/TMFAssociates/status/2062236560628850725">said on X</a>."Why do you think Musk wanted to have 'the first constellation not to go bankrupt'?" Farrar said, referencing a 2021&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/elonmusk/status/1359024384200101888">X post</a> in which Musk acknowledged the financial risks facing Starlink. "SpaceX needs to pass through a deep chasm of negative cash flow over the next year or so to make Starlink financially viable," Musk said at the time. "Every new satellite constellation in history has gone bankrupt. We hope to be the first that does not."<h2 class="st-heading-2">Warning On SpaceX Valuation</h2>Short seller Jim Chanos, the founder of Kynikos Associates who gained prominence after predicting Enron's collapse,&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/RealJimChanos/status/2062242619099361642">dismissed on X</a> the comparisons between SpaceX and Amazon's early years.&nbsp;He noted that Amazon was valued at $19 billion at the end of 2005, or about 2x revenue and 30x trailing earnings before interest, taxes, depreciation and amortization (EBITDA), arguing that investors were assigning little value to its future businesses. "SpaceX's expected valuation is literally the opposite of that situation," Chanos said.&nbsp;&nbsp;<h2 class="st-heading-2">How Do Retail Traders Feel About Space Stocks?</h2>On Stocktwits, retail sentiment toward SpaceX, ASTS and RDW was 'bullish', with 'extremely high' message volume for SpaceX and 'high' for ASTS and RDW. RKLB also carried a 'bullish' sentiment rating, though message volume was 'normal'. SPCE stood out with 'extremely bullish' sentiment and 'extremely high' message volume.&nbsp;Over the past year, ASTS has surged 328%, RKLB has jumped 329%, RDW has gained 25%, and SPCE has advanced 32%.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/rivn-stock-eyes-10th-straight-day-of-gains-cfo-teases-more-licensing-deals-ahead-of-r2-deliveries/cZ0jQDhReUa">RIVN Stock Eyes 10th Straight Day Of Gains — CFO Teases More Licensing Deals Ahead Of R2 Deliveries&nbsp;</a>

The SpaceX logo is displayed on the screen of a smartphone placed on a reflective surface onto which a space illustration is projected on June 2, 2026. (Photo by Samuel Boivin/NurPhoto via Getty Images)

ASTS, RKLB, SPCE, RDW Stocks Extend Selloff Overnight — Analyst Backs 'Betting Against Space' Trade As Jefferies Courts SpaceX Bears 

Hedge funds seeking bearish bets on SpaceX have reportedly approached Jefferies, which was absent from the IPO's underwriting lineup.

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Broadcom Inc. is a global technology company, which designs, develops, and supplies semiconductors and infrastructure software solutions. It operates through the Semiconductor Solutions and Infrastructure Software segments. The Semiconductor Solutions segment refers to product lines and intellectual property licensing. The Infrastructure Software segment relates to mainframe, distributed and cyber security solutions, and fibre channel storage area networking business. The company was founded in 1961 and is headquartered in Palo Alto, CA.

Broadcom Inc

Broadcom shares are under heavy selling pressure after management maintained their AI revenue guidance rather than raising it to meet the market's elevated expectations. While community sentiment remains split between long-term investors viewing the dip as an accumulation opportunity and traders worried that the AI momentum trade is finally losing its steam.

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

Meta Platforms Inc - Ordinary Shares - Class A

Meta Platforms Inc

Meta Platforms is trending as investors react to CEO Mark Zuckerbergs upcoming product roadmap in London and high-profile praise from NVIDIAs CEO regarding the company's efficient AI monetization. The community remains sharply divided between those viewing the stock as an undervalued AI leader with strong ad revenue growth and skeptics who are wary of its massive capital expenditures and persistent price volatility.

Marvell Technology, Inc. engages in the design, development, and sale of integrated circuits. Its products include data processing units, security solutions, automotive, coherent DSP, DCI optical modules, ethernet controllers, ethernet PHYs, ethernet switches, linear driver, PAM DSP, transimpedance amplifiers, fibre channel, HDD, SSD controller, storage accelerators, ASIC, and Marvell government solutions. It operates through the following geographical segments: United States, Singapore, Israel, India, China, and Others. The company was founded by Wei Li Dai and Pantas Sutardja in 1995 and is headquartered in Wilmington, DE.

Marvell Technology Inc

Marvell Technology is experiencing significant volatility driven by intense retail speculation regarding its potential future inclusion in the S&P 500 and bullish sentiment stemming from comments by industry leadership about the stock's long-term prospects. While the community is divided between those aggressively buying the dip on AI infrastructure growth and skeptics calling for a correction due to valuation concerns and recent sector-wide price swings, active traders remain focused on its high momentum and strong intraday recovery signals.

Celsius Holdings, Inc. engages in the development, marketing, sale, and distribution of functional drinks and liquid supplements. It also offers post-workout functional energy drinks and protein bars. The company was founded in April 2004 and is headquartered in Boca Raton, FL.

Celsius Holdings Inc

Celsius is facing scrutiny following a wrongful death lawsuit and a subsequent investigation by the Texas Attorney General regarding the marketing of high-caffeine products to minors. The community remains deeply divided, with bulls viewing the pullback as a manufactured panic and a buying opportunity, while others express concern over regulatory risks and long-term valuation.

lululemon athletica, Inc. engages in the business of designing, distributing, and retailing technical athletic apparel, footwear, and accessories. It operates through the following segments: Company-Operated Stores, Direct to Consumer, and Other. The company was founded by Dennis James Wilson in 1998 and is headquartered in Vancouver, Canada.

Lululemon Athletica inc.

Lululemon Athletica Inc

Lululemon shares are currently trending as investors debate whether the recent settlement with founder Chip Wilson and ongoing insider buying signal a bottom or further downside. The community remains polarized, with many buyers viewing the stock as a deeply undervalued long-term growth opportunity despite broader retail sector headwinds and concerns over upcoming earnings.

LifeVantage Corp. engages in the identification, research, development, formulation, and sale of nutraceutical dietary supplements and personal care products. Its products include Protandim, Axio, TrueScience, PhysIQ, and Petandim. It operates through the Americas, and Asia or Pacific and Europe geographical segments. The company was founded in June 1988 and is headquartered in Lehi, UT.

Lifevantage Corporation

Lifevantage Corporation is trending as investors track a potential short squeeze fueled by exceptionally high cost-to-borrow fees and limited share availability. The community is focused on the stock's constrained float and is actively debating whether current institutional short pressure will trigger a significant upward price movement.

AT&T, Inc. is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally. The Latin America segment provides wireless services and equipment in Mexico. The company was founded in 1983 and is headquartered in Dallas, TX.

AT&T, Inc.

AT&T Inc

AT&T is trending due to a significant $250 billion commitment toward expanding U.S. connectivity infrastructure, including fiber, 5G, and satellite initiatives. Investors are actively debating whether this massive long-term capital allocation will successfully drive future growth and network resilience or if it will be overshadowed by persistent competitive pressures and debt management concerns.

Chipotle Mexican Grill, Inc. engages in the business of developing and operating restaurants that serve a relevant menu of burritos, burrito bowls, quesadillas, tacos, and salads made using fresh, high-quality ingredients. The company was founded by Steve Ells in 1993 and is headquartered in Newport Beach, CA.

Chipotle Mexican Grill

Chipotle is facing intense downward pressure and fresh 52-week lows as investors express frustration with management, inconsistent portion sizes, and a perceived decline in brand value. While some in the community see the current price as a potential value opportunity or an attractive long-term accumulation point, others are aggressively betting against the stock, citing ongoing margin compression and the broader struggle of consumer-facing brands in the current economic environment.

Ciena Corp. is a network technology company, which engages in the provision of hardware, software, and services to network operators, as well as enabling enhanced network capacity, service delivery, and automation. It operates through the following segments: Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. The Networking Platforms segment consists of converged packet optical and packet networking portfolios. The Platform Software and Services segment provides analytics, data, and planning tools to assist customers in managing its networking platforms products. The Blue Planet Automation Software and Services segment enables customers to implement large-scale software and IT-led OSS transformations by transforming legacy networks into service ready networks. The Global Services segment offers a broad suite of value-added services. The company was founded by Patrick H. Nettles and Kevin Brian Kimberlin in 1992 and is headquartered in Hanover, MD.

CIENA Corp.

Ciena is experiencing significant momentum and investor interest driven by strong AI-related demand for optical networking infrastructure and a robust order backlog. The community is actively discussing the stock's parabolic trajectory and debating whether current valuations are justified by the ongoing multi-year AI hardware buildout cycle.

Rumble, Inc. engages in operating an online neutral video platform. It operates through the following geographical segments: United States, Canada, and Other. The company was founded in October 2013 by Chris Pavlovski and is headquartered in Longboat Key, FL.

Rumble Inc - Ordinary Shares - Class A

Rumble Inc

Rumble is attracting significant investor attention following the announcement of a major multi-year cloud computing agreement, though shares faced high volatility as traders debated whether this contract and the upcoming Northern Data acquisition justify the current valuation or invite further short-selling pressure. The community is actively discussing the stock's potential as an AI infrastructure player, closely monitoring the influence of Tether's backing and the ongoing battle between long-term bullish holders and high short interest.

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