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Stock Market Today, Dec. 30: Rocket Lab Regains Momentum
The Motley Fool· 2025-12-30 22:49
Core Viewpoint - Rocket Lab is experiencing a recovery after a week of losses, driven by investor interest in its role in national security [1] Company Performance - Rocket Lab's stock closed at $70.45, up 0.47% for the session, with a market cap of $37 billion [2] - The stock has seen a significant increase of 623% since its IPO in 2020, with a record of 21 successful flights in 2025 [3][6] - The company gained almost 70% in the past month and is up over 175% year-to-date [7] Market Context - The S&P 500 and Nasdaq Composite experienced slight declines, indicating mixed sentiment in the market [4] - Among industry peers, Planet Labs PBC declined by 0.65%, while Intuitive Machines rose by 1.53%, reflecting varied investor sentiment in the space sector [5] Contract Wins - Rocket Lab secured an $816 million contract from the Space Development Agency to design and manufacture 18 satellites, marking its largest single contract to date [6]