Space Stocks Rally as SpaceX Results Lift Sector: Intuitive Machines Advances 5%, Redwire and Planet Labs Climb 4%

Space Exploration Technologies Corp (SPCX) stock rose 0.8% to $143.18 after NASA selected it for a $10B lunar contract and a 2028 satellite launch. The company's $24B Texas AI project and ARK Invest's $96M share purchase also boosted sentiment. Analysts maintained a Buy rating with a $190 target. SPCX outperformed broader market declines.

Redwire Corporation (RDW) received a $40M NASA contract to develop a lunar solar power system for the Moon Base program, using its ROSA technology. The project will test power generation and distribution for future lunar missions, including rovers and habitats. This follows the successful deployment of ROSA on the International Space Station.

Rocket Lab (RKLB) fell 9% despite record backlog of $3.57B, wider-than-expected Q3 loss of $0.12/share, and $267.83M revenue. AST SpaceMobile (ASTS) dropped 6% after BofA cut its price target to $45. SpaceX (SPCX) slid 3%. Rocket Lab's Neutron rocket launch delayed to 2027. AST SpaceMobile's Q3 revenue missed estimates at $42.32M.

Redwire (RDW) announced it secured a $40M contract with NASA to supply a power generation system for Moon Base initiatives. The company will adapt its ROSA technology for this purpose.

Redwire Corporation (NYSE: RDW) secured a $40M NASA contract to adapt its Roll-Out Solar Array (ROSA) technology for lunar power systems, supporting NASA's Moon Base efforts. The system will provide power for rovers, habitats, and resource utilization. Redwire recently completed ROSA installations on the ISS and has a history of developing solar array wings for space missions.

NASA awarded a $10B contract to eight companies, including SpaceX (SPCX) and Blue Origin, for lunar missions. SpaceX closed at $142.07, up 5.81%. Intuitive Machines (LUNR) and Firefly (FLY) also saw gains. NASA has not yet awarded specific missions or amounts.