Chris Hadfield Buys 2,000 Shares as Momentus Stock Rallies 234%
MNTS•Momentus director Chris Hadfield bought 2,000 shares at $7.19 on May 21, lifting his stake to 3,500 shares. The company sees 2026 revenue of $10 million versus $1.1 million in 2025, its Vigoride 7 mission carried ten payloads, and shares have jumped 234% this month.
1. Insider Purchase by Chris Hadfield
Former Canadian astronaut and Momentus director Chris Hadfield acquired 2,000 shares at $7.19 per share on May 21 through Chris Hadfield Inc., lifting his total holding to 3,500 shares and signaling confidence in the company's trajectory.
2. 2026 Revenue Forecast and Vigoride 7 Mission
Momentus projects 2026 revenue of $10 million, up from $1.1 million in 2025, as its Vigoride 7 mission aboard SpaceX delivered ten government and commercial payloads under NASA, DARPA, and U.S. defense contracts.
3. Stock Rally on SpaceX IPO Buzz
Momentus shares have surged 234% this month and more than doubled on May 26, driven by spillover excitement from SpaceX’s IPO filing and heightened retail investor interest in smaller space stocks.
4. Shelf Registration Prospectus
The company filed a shelf registration allowing up to $200 million in equity and debt offerings, citing a market valuation of $79.8 million based on a $7.63 share price at its highest Nasdaq close in 60 days.
