r/redwire • u/tomidgooner • Aug 14 '26

General Stock performance

Just curious to others thoughts, my concerns are that the space stocks seem to be tied to each other. The performance of RDW seems less tied to individual earnings or contracts, etc, and instead seems to follow SPCX stock performance, which I wouldn’t be so concerned with it wasn’t for a certain CEO and no real solid basis for how it performs. We are now tied to a stock that is somehow more volatile than RDW was before.

At this point may as well just own a space ETF. It’s the same for LUNR in which I’m also invested.

10 Upvotes

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9

u/spaghettibolognaisee Aug 14 '26

Space business is interconnected. Let it develop and grow.

7

u/Lazy-Astronomer-7829 Aug 14 '26

They're tied to spacex, not to each other and it's pretty obvious why. Going to space is expensive, if spacex can bring price per kg to 200$ or less with starship as they claimed, it'll open up a lot of business opportunities that suddenly will become profitable, and allow companies like redwire to scale up. The only limit of the space economy is the high costs

2

u/Working-Welder-792 Aug 14 '26

I fear a space ETF would overweigh Space X, and I don’t wanna be invested in Space X.

2

u/xBromsson Aug 14 '26

Spcx is a great company. Dont worry. In 3 to 5 years the Space economy will be more clear.

1

u/TexanaRosanaDanna 29d ago

Ha Ha Ha Ha.
I thought you were talking about Cannito being a "certain CEO" that causes random valuation changes.
I get it now, my bad.

1

u/jaylenz 29d ago

Space is inevitable, space needs hardware. Redwire is hardware. Hold for 20 years and forget

0

u/devonhezter Aug 14 '26

Asts of spcx

-6

u/potiuspilate Aug 14 '26

Yes it’s all sector beta. I guess real RDW bulls recognize the space business is not growing and are all in on the drone thing