Why Rocket Lab Stock Shot 30% Higher This Week

Core Insights - Rocket Lab's stock surged 30% this week, driven by speculation surrounding a potential $1.5 trillion IPO for competitor SpaceX in 2026 [1][5] - The company is also making progress on its new Neutron rocket, which is expected to perform full flights and commercial launches in 2026 [2][6] - Rocket Lab's revenue grew 48% year-over-year to $155 million last quarter, indicating strong business performance [8] Company Performance - Rocket Lab's current stock price is $63.64, with a market cap of $34 billion [3] - The stock has increased over 10 times since early 2024, when it was trading below $5 [8] - The price-to-sales ratio (P/S) is above 50, suggesting the stock may be overvalued [9] Industry Context - Heavy investments in the space economy are benefiting Rocket Lab, as investor sentiment towards SpaceX positively influences perceptions of Rocket Lab [4] - The anticipated SpaceX IPO is expected to raise $30 billion, further fueling investor interest in the space sector [5]