Why Rocket Lab USA Stock Soared 55.2% Higher in September

Rocket Lab USA competes with SpaceX and has made 11 launches in 2024. Shares of Rocket Lab USA (RKLB -3.81%) increased 55.2% higher in September, according to data provided by S&P Global Market Intelligence. During the month, it brought in an industry veteran to help it scale up its manufacturing to meet the growing demand for space launches; it also made its 11th launch of the year in September. A busy month for the growing space company In September, Rocket Lab USA hired Frank Klein as its new chief opera ...