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Barchart
Barchart
Nauman Khan

This Tiny Space Stock Just Exploded 100%. Here’s Why Investors Are Piling In.

Space stocks are suddenly back in favor, and Momentus (MNTS) is one of the names catching the lift. The trigger is the same one pushing other small space names higher: growing excitement around SpaceX’s planned initial public offering (IPO) and a new wave of attention on the broader space economy. SpaceX is reportedly targeting a valuation around $1.75 trillion, and the buzz has helped send space-related stocks sharply higher this past week.

Momentus joined the move with a huge rally on May 26. Investors are treating the SpaceX IPO like a rising tide for the entire industry, especially smaller public companies tied to launches, satellites, and orbital services.

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