Rocket Lab Stock up 24% in a Week — Here's What Happened

Rocket Lab Corporation (NASDAQ: RKLB ) shares are in the spotlight Thursday after surging approximately 24% over the past week. Here’s what investors need to know. Rocket Lab stock is trading in a tight range. Where is RKLB stock headed?

NASA Mission Win On June 25, NASA selected Rocket Lab to provide three Electron launches for two separate science missions, PolSIR and TSIS-2. PolSIR will see two back-to-back Electron launches from New Zealand no earlier than June 2027, deploying CubeSats to study ice clouds at high altitudes. TSIS-2 will conduct Sun-Earth energy science, with NASA booking the mission to launch in just seven months from contract signing—a demonstration of Electron’s on-demand launch capability. 0 billion.

55 million active subscribers worldwide—creating a vertically integrated space company that designs, builds, launches, and operates its own constellations. The transaction is expected to close in mid-2027. 7 million in revenue and $495 million in OEBITDA at a 57% margin. “This is a defining moment for the space industry and the start of a new era of strategic, accelerated growth for Rocket Lab and Iridium,” said Sir Peter Beck, founder and CEO of Rocket Lab.

Space Sector Tailwinds Rocket Lab’s gains this week have also been amplified by broader space sector enthusiasm. 3 billion in forced buying from passive funds. That institutional attention has lifted space sector names broadly. 73.

68, according to data Pro. Image via Shutterstock