This Space Stock Has Soared 220% in 2026. The SpaceX IPO Mania Is Just Getting Started.
Redwire (RDW) is one of several space stocks catching a powerful bid as investors pile into the sector ahead of the expected SpaceX initial public offering (IPO). The enthusiasm has lifted names across the industry, but Redwire stands out for its combination of operating momentum
Redwire (RDW) is one of several space stocks catching a powerful bid as investors pile into the sector ahead of the expected SpaceX initial public offering (IPO). The enthusiasm has lifted names across the industry, but Redwire stands out for its combination of operating momentum, contract wins, and a stock chart that has already gone nearly vertical.
Over the past 12 months, RDW stock has climbed about 59%, and in 2026 alone, it has surged roughly 220% year-to-date (YTD). As of this writing, the stock trades around the $24 mark, well above its 50-day moving average near $11.50 and its 200-day moving average near $9. That kind of move shows both broad sector excitement and growing confidence that Redwire can convert its backlog into real growth.
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The latest wave of buying is also tied back to the SpaceX IPO narrative. SpaceX is reportedly targeting a valuation as high as $1.75 trillion, which has helped fuel a broader rerating across the space sector.
On May 26, Redwire shares jumped 26%, hitting fresh highs alongside names like Rocket Lab (RKLB) and Momentus (MNTS). It looks like investors are not just betting on one company — they're betting on the whole space ecosystem.
