SpaceX Rival Rocket Lab's Stock Hits Record High on Double Launch, CHIPS Award

Key TakeawaysShares of Rocket Lab USA climbed to a record high Monday as the space satellite services provider announced two successful launches. The company said it also finalized a $23.9 million CHIPS and Sciences Act of 2022 award to make compound semiconductors.With Monday's gains, the stock has more than quadrupled in value since the start of the year. Shares of SpaceX competitor Rocket Lab USA (RKLB) climbed to a record high Monday as the space satellite services provider announced two successful laun ...