RDW - Space stocks rally after SpaceX launch of all-civilian crew generates buzz
Spire Global (NYSE:SPIR) soars 18% in early trading after the SpaceX (SPACE) launch of a civilian crew focuses some investor attention back on the space sector. The company turned heads earlier in the week with a $161M acquisition of satellite data services firm exactEarth. Also in the space sector, Astra Space (NASDAQ:ASTR) is up 2.28% in early trading, Momentus (NASDAQ:MNTS) is showing a 3.46% gain and Redwire (NYSE:RDW) is 3.44% higher. Even Virgin Galactic (NYSE:SPCE) is heading in the right direction, with a 2.22% move higher. Two ETFs that cater to space investors are the ARK Space Exploration & Innovation ETF (BATS:ARKX) and the Procure Space ETF (NASDAQ:UFO). Looking for a common thread? Read more about the stock that is a top five holding in both ETFs.
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Space stocks rally after SpaceX launch of all-civilian crew generates buzz