This Space Stock Extends Its Recent Rally After a Successful Launch, Space Force Contract

Key Takeaways Rocket Lab stock surged Monday, extending its recent rally after another successful launch this weekend. The launch helped Rocket Lab reach a new company record for the year. Rocket Lab ( RKLB ) shares surged Monday after another successful launch this weekend, adding to Friday's gains following a U.S. Space Force deal. With their recent gains, Rocket Lab shares have roughly tripled in value in 2025.Cheng Xin / Getty Images The shares were up nearly 9% in recent trading, after jumping close to 18% Friday. (Read our daily markets coverage here .) Rocket Lab said Sunday that its Electron rocket took off successfully from a New Zealand spaceport this weekend. “The Wisdom Gods Guide” mission involved deploying satellites for Japan-based Earth imaging firm Q-shu Pioneers of Space, or iQPS. The launch helped Rocket Lab reach a record 21 Electron rocket launches over the past year, with a 100% success rate, the company said. Why This News Matters The recent surge in Rocket Lab’s stock could point to growing confidence in its track record after a series of successful launches and a new Space Force contract. On Friday, Rocket Lab announced a contract for up to $816 million to build a missile-defense satellite constellation for the U.S. Space Force. The agreement-marking the largest contract in the company’s history-will have Rocket Lab design and manufacture 18 satellites, Rocket Lab said. With their recent gains, Rocket Lab shares have roughly tripled in value in 2025. Do you have a news tip for Investopedia reporters? Please email us at [email protected]

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