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0.00144572286143072 0.000285142571285511 0.00100050025012504 -0.00100050025012504 -0.00766383191595807 -0.026263131565783 -0.0580290145072536 -0.0580290145072536
Stock impact report

SpaceX Rival Rocket Lab's Stock Soars to All-Time High With Launch Planned for 2025 [Yahoo! Finance]

Rocket Lab USA, Inc. (RKLB) 
Company Research Source: Yahoo! Finance
Rocket Lab said it plans to launch its reusable Neutron rocket for the first time next year, which could position the company to compete for government contracts through a Space Force program. The company estimates more than 10,000 satellites will need launch services by 2030, supporting a $10 billion market. Shares of SpaceX competitor Rocket Lab USA ( RKLB ) soared over 40% to an all-time high in intraday trading Wednesday after the company reported results that topped estimates and announced a deal with a commercial satellite constellation operator, with the first launch of its reusable Neutron rocket slated for next year. The new contract will see Rocket Lab launch two Neutron satellite deployment missions beginning in mid-2026. The rocket is expected to make its debut launch in mid-2025, which the company says gives it an opportunity to vie for pieces of a $5.6 billion U.S. government initiative overseen by the Space Force. Requests for proposals opened on Oct. 30, and app Show less Read more
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