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Rocket Lab's stock set for 25% gain this week after flurry of new launch deals
CNBC· 2025-10-10 15:25
Core Viewpoint - Rocket Lab's stock has surged significantly due to new launch agreements, reflecting strong growth in the space tech industry [1][2] Group 1: Stock Performance - Rocket Lab shares have increased by over 25% this week, with a nearly 50% rise over the last two weeks [1] - The stock has nearly tripled since the beginning of the year, indicating robust investor confidence [1] Group 2: New Launch Agreements - The company secured two launches with the Japan Aerospace Exploration Agency, scheduled for December and 2026 [2] - Rocket Lab also announced a multi-launch agreement with Japanese space startup Q-shu Pioneers of Space, in addition to four contracted missions [2]