Sidus Space Inc. (NASDAQ:SIDU) climbed 2.11% to $2.90 in after-hours trade on Wednesday, extending a 18.83% intraday surge.
The stock’s gains across both sessions follow the company’s Tuesday announcement that it will host its fourth-quarter and full-year 2025 earnings call on Mar. 31 at 5:00 p.m. ET.
SpaceX IPO Reports Lift Stock
The stock also moved higher following reports that Elon Musk-led SpaceX, which has a multi-launch commercial agreement with Sidus Space, is preparing to file for its proposed IPO as early as this week. The company is aiming to raise $75 billion and is targeting a valuation of $1.75 trillion.
The agreement with SpaceX, signed in 2022, supports Sidus Space’s Satellite-as-a-Service model.
Trading Metrics, Technical Analysis
With a market capitalization of $188.92 million, Sidus Space has a 52-week high of $5.39 and a 52-week low of $0.63.
The Relative Strength Index (RSI) of SIDU stands at 63.98.
Over the past 12 months, the small-cap stock of the space and defense technology company has gained 72.12%.
Price Action: According to Benzinga Pro data, SIDU closed the regular session at $2.84.
The stock of the Florida-based company is currently trading at roughly 46% above its 52-week low.
Benzinga’s Edge Stock Rankings show that SIDU is exhibiting a positive price trend across all time frames.
Photo courtesy: Thapana_Studio via Shutterstock
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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