Rocket Lab Stock Climbs Again: The Defense Milestone Behind Wall Street’s Space Trade
Rocket Lab shares rose 3.5% to $148.25 in New York after the company said it passed a key design review for a U.S. missile-tracking satellite program tied to an $816 million contract. The move outpaced a mixed broader market. Rocket Lab also completed its acquisition of California-based Motiv Space Systems. Other space stocks, including Intuitive Machines and Planet Labs, traded higher.