• Several top Momentus executives, including CEO John Rood, recently acquired company stock.

• Momentus is targeting $10 million in revenue this year, a nine-times increase over 2025.

• Stocktwits sentiment for MNTS was ‘extremely bullish.’

Shares of Momentus Inc. surged nearly 20% in overnight trading ahead of Tuesday, extending their recent rally as investors piled into the micro-cap, low-float space stock amid company-specific positive developments and growing momentum across the sector ahead of the anticipated SpaceX IPO.

MNTS stock surged over 21% last Thursday, a day after SpaceX disclosed that it had confidentially submitted its IPO paperwork to the securities regulator, formally kicking off the process. The stock added 35.4% overall last week.

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Recent Catalysts For MNTS

Meanwhile, a series of insider stock purchases, along with the company’s financial targets outlined earlier this month, appeared to be adding to the momentum.

Momentus CEO John Rood, CTO Rob Schwarz, CFO Lon Ensler, legal chief Jon Layman, and board member Brian Kabot all acquired shares of the company, securities filings made last week showed.

Earlier, on May 5, Rood announced in a shareholder letter that Momentus was targeting $10 million in revenue this year, which would be a ninefold increase over $1.1 million in 2025, driven by milestone-based contracts with NASA and the U.S. Department of Defense.

He also said the company raised $5 million in a private placement and had become debt-free. “Momentus enters the remainder of 2026 with a fully operational spacecraft on-orbit, a sold-out next mission, a strengthened balance sheet, active contracts with the nation’s top defense agencies, and a facility built to scale,” Rood wrote in the letter.

“We are not a company waiting for an opportunity to arrive. We are actively executing towards it — mission by mission, contract by contract.”

What Does Momentus Do?

Momentus is a space infrastructure company focused on orbital transportation. Its main product is the Vigoride Orbital Service Vehicle, a “space tug” that transports satellites and supports in-orbit missions.

The company’s Vigoride 7 launched on SpaceX’s Transporter-16 mission in March and is currently operating with payloads for NASA and the U.S. Air Force, while Vigoride 8, planned for 2027, has completed its Preliminary Design Review and is already fully booked with NASA-backed payloads.

The company is also developing in-space servicing and orbital assembly technologies under NASA- and Defense Advanced Research Projects Agency (DARPA)- linked programs.

Retail View On MNTS, Space Stocks In Focus

On Stocktwits, the retail sentiment for MNTS climbed higher over the last three days and was ‘extremely bullish’ early Tuesday.

“When a monster entity like SpaceX (SPCX) goes public, it brings an enormous amount of institutional capital and retail eyeballs to the aerospace sector,” said a trader.

“With a projected $10M revenue target and its fully vigorode 8 mission for 2027—into consistent profitability, it should catch a strong structural tailwind as a niche pure-play provider in a newly popularized asset class – space,” they said.

Momentus is part of a broader group of space stocks — including AST SpaceMobile, Rocket Lab, and Firefly Aerospace — that have attracted strong investor interest amid positive sector signals, including growing government focus on space technology and anticipation surrounding the SpaceX IPO.

Momentus shares are up 51% year to date. The Tema Space Innovators ETF (NASA), which tracks space stocks, gained over 55% since its launch on March 31.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

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Yuvraj Malik has no position in any of the stocks mentioned in this article. StockTwits’ news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits.

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