Redwire Stock Jumps Again as SpaceX IPO Buzz Pulls Space Traders In
Redwire shares jumped 26% to $22.04 Tuesday and were quoted at $24.17 premarket Wednesday, tracking gains in space stocks ahead of SpaceX’s planned IPO and latest Starship test. The company reported a $498.1 million backlog and first-quarter revenue up 57.9% from a year earlier, but faces ongoing losses and execution risks.