Rocket Lab and Redwire ride SpaceX IPO buzz as Rocket Lab posts $200.3 million Q1 revenue and a $2.2 billion backlog
Rocket Lab (RKLB) and Redwire (RDW) are being compared as potential long-term winners in commercial space as the sector draws fresh attention following SpaceX’s IPO. Rocket Lab reported Q1 revenue up nearly 64% to $200.3 million and a $2.2 billion backlog, while Redwire posted Q1 revenue up 58% to $97 million with a $498 million backlog. The article also notes Rocket Lab is set to join the Nasdaq 100 index, a move expected to boost liquidity and institutional visibility.