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Why Rocket Lab Stock Shot 30% Higher This Week
The Motley Foolยท 2025-12-12 19:30
The rocket company is getting a boost because of a reported IPO in 2026 from competitor SpaceX.Shares of Rocket Lab (RKLB +0.17%) shot up 30% this week, according to data from S&P Global Market Intelligence. An upstart space flight company that is benefiting from increased spending on the space economy, Rocket Lab stock was trading higher this week because of a report about a potential $1.5 trillion SpaceX IPO (initial public offering) in 2026. Rocket Lab also made another milestone in the development of it ...