Shares of Rocket Lab Corp. ended Monday's session up 9% amid the ongoing clash between President Donald Trump and SpaceX Chief Executive Elon Musk.
Rocket Lab's Q1-FY25 revenue hit $122.6 million, up 32.1% YoY, driven by strong Space Systems performance. Neutron rocket development targets 13-ton payloads with a $50–55 million ASP, competing directly with SpaceX's Falcon 9. Vertical integration boosts gross margin to 28.8% GAAP and 33.4% non-GAAP, exceeding management's guided ranges.
Rocket Lab USA NASDAQ: RKLB continues to defy expectations. While the broader market grapples with macroeconomic uncertainty and rising volatility, this vertically integrated space and defense company continues to deliver.
Rocket Lab Corporation's flawless Electron launch record and growing backlog highlight strong operational execution and robust demand for both launch and space systems. Steps forward in the $515M Department of Defense contract mark a major milestone, positioning Rocket Lab as a prime contractor for U.S. space defense. Despite recent all-time highs and a pullback to sub-$35, I see this as a fresh buying opportunity given the company's growth trajectory and contract wins.
Rocket Lab reported Q1 2025 revenue of $122.6 million, with $87 million driven by its high-margin Space Systems segment. The company's $1.067 billion backlog, over 56% convertible within 12 months, anchors multi-year sovereign and defense contracts. The global space economy projected to triple to $1.8 trillion by 2035, with backbone and reach segments growing at 7% and 11% CAGR.
Peter Beck, Rocket Lab CEO, joins 'Closing Bell Overtime' to talk its record launches, demand in the space, M&A, and more.
Welcome to the Green Stock News brief for Monday June 30th. Here are today's top headlines: Rocket Lab (NASDAQ: RKLB) has successfully launched its 68th Electron rocket from New Zealand, deploying a satellite for a commercial customer in a mission called “Symphony In The Stars.
Space and defense stocks have gone to the moon this market cycle (pun intended). Rocket Lab (RKLB -1.99%) is one of the great beneficiaries of this trend, as the rocket launch, space systems, and defense company has seen its stock soar close to 600% in the last 12 months, absolutely crushing the broad market indices.
Rocket Lab Corporation (RKLB) concluded the recent trading session at $35.38, signifying a -2.1% move from its prior day's close.
The positive news flow continues for aerospace and defense company Rocket Lab USA NASDAQ: RKLB. Previously, it was a significant analyst boost when Cantor Fitzgerald increased its price target for the space company.
RKLB accelerates its Electron launch for HawkEye 360, underscoring its agility in a fast-growing satellite market.
Rocket Lab USA (NASDAQ:RKLB) has experienced a remarkable surge in its stock price, climbing approximately 600% over the past twelve months. This impressive growth is largely due to the success of its recent rocket launches and the securing of new contracts, including those for its new Neutron rocket.