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RKLB launches its 66th Electron rocket, advancing a major iQPS deal and bolstering its role in satellite deployment.
MAHIA, New Zealand--(BUSINESS WIRE)---- $RKLB--Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today successfully launched its 66th Electron to deploy the latest satellite to orbit for Institute for Q-shu Pioneers of Space, Inc. (iQPS) – Rocket Lab's second launch in less than a month for iQPS and its fourth overall with 100% mission success. ‘The Mountain God Guards' mission lifted-off from Rocket Lab Launch Complex 1 in Mahia,.
Rocket Lab USA NASDAQ: RKLB has long been a standout among space-focused stocks within the aerospace and defense sector. Over the past year, RKLB shares have soared more than 500%, fueled by renewed investor interest in space innovation and national defense contracts.
RKLB rallies 66% in three months on back-to-back satellite launches, but valuation and debt raise caution for new buyers.
Companies like Rocket Lab (RKLB), Archer Aviation (ARCH) and Joby Aviation (JOBY) saw up to double-digits percent rallies after President Trump signed executive orders that aim to boost drone security and electric air taxi aircraft. Diane King Hall gives more insight on why these stocks launched on the news and talks about headwinds and tailwinds the executive orders present for the industry.
The ongoing feud between SpaceX CEO Elon Musk and President Donald Trump is creating tailwinds for earth exploration (EO) competitors AST SpaceMobile Inc (NASDAQ:ASTS) and Rocket Lab USA Inc (NASDAQ:RKLB).
SpaceX is the most valuable privately held company in the world, estimated to be worth $350 billion. Too bad you cannot buy its shares on the stock market today.
Rocket Lab (RKLB 9.43%) stock has taken off like -- what else? -- a rocket.
RKLB secures major launch deals and ramps up missions as soaring demand cements its role in commercial space services.
Space is the final frontier, and it is now turning into a burgeoning economy. Researchers estimate that the space economy is worth over $500 billion with heavy spending from governments around the world along with private-company partners, and that figure is expected to grow to around $1.8 trillion a year by 2035.