Why Rocket Lab Stock Went to the Moon Today
Rocket Lab just issued a direct challenge to SpaceX's space supremacy.
Overview
Rocket star Rocket Lab (NASDAQ: RKLB) is making headlines again this morning, after completing yet another satellite launch for Synspective over the weekend. (They also delayed a launch for iQPS, citing unfavorable wind conditions.)
This morning, though, the news doesn't concern stage separations -- but corporate mergers, and it's sending Rocket Lab stock flying 9.6% through 10 a.m. ET.
Nov. 25, 2024, close-up view of engines firing at an Electron rocket launch from LC-1 in New Zealand. Image source: Rocket Lab.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.