Rocket Lab Delays Neutron Rocket's First Flight to 2027
Rocket Lab delayed the inaugural flight of its Neutron rocket until 2027. Its shares fell 7.3% in extended trading Wednesday.
Rocket Lab (NASDAQ: RKLB) shares fell after the company pushed the first flight of its Neutron rocket to 2027. The delay sets back a key project in the company’s effort to compete more directly with SpaceX. The stock declined 7.3% in extended trading Wednesday, following an earlier drop of 7.9…