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Rocket Lab Soars on Record Launches and $816M Space Force Contract

Rocket Lab Soars on Record Launches and $816M Space Force Contract

Author:

Global Cryptocurrency

Published:

2025-12-23 10:01:02

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BTCCSquare news:

Rocket Lab shares surged 10% to $77.55 Monday, extending Friday's 18% rally after securing its largest-ever contract—an $816 million satellite deal with the U.S. Space Development Agency. The stock has now gained 177% year-to-date.

The company completed its 21st launch of 2025 Sunday, setting a new annual record. Analysts turned bullish, with Stifel raising its price target to $85. The rally coincided with President Trump's executive order prioritizing American space dominance, lifting sector-wide sentiment.

Under the contract, Rocket Lab will build 18 advanced missile-tracking satellites for the Space Force's low Earth orbit network. The deal marks a strategic shift toward defense contracts, diversifying revenue beyond commercial launches.

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