After Trump took office, pure space stocks rose sharply due to market expectations for private space opportunities, with many stocks rising more than 20% in a single day.

Why did Trump's inauguration drive space stocks to soar?

In his inaugural speech, President Trump mentioned the United States 'vision for space exploration, especially the plan to send American astronauts to Mars, which triggered strong expectations in the market for the space industry. Deutsche Bank analyst Edison Yu said that after the presidential election, market interest in the private space industry was unprecedentedly high. Not only investors, but also venture capital institutions, family offices, etc. have shown great interest, further boosting the industry's share price.

Which companies are leading the space stock craze?

1. Redwire Holdings (RDW)
   Redwire涨幅达51.4%，主要因其宣布将以近10亿美元收购Edge Autonomy，同时预估2025年的营收将达到6.05亿美元，几乎是去年营收的两倍。
2. Viasat(VSAT)
   Viasat大涨32.9%，因其获选为NASA五年通讯合约的供应商之一，该合约总价值高达48亿美元。
3. Performance of other companies
   例如Rocket Lab(RKLB)、Momentus和Intuitive Machines(LUNR)等公司也有20%以上的涨幅，反映了市场对于太空产业未来的高度期待。

What are the new catalysts for the space industry?

Deutsche Bank points to three main catalysts:

1. Trump's nomination of Jared Isaacman as director of NASA's Bureau of Management received positive reviews from institutional investors.
2. Retail trading volume has increased significantly, injecting momentum into stock prices.
3. In the future, the federal government will release more multi-billion-dollar contracts to attract investors to pay more attention to the industry.

Can space stocks maintain this growth momentum in 2025?

Analyst Yu believes that the astonishing increase in 2024 is mainly a correction to depressed stock prices in the past few years. For example, Intuitive Machines gained as much as 779%, and Rocket Lab also surged 543%. But he pointed out that valuations of these companies are now much higher than they were a few months ago, and future gains may be suppressed.