🚀 Rocket Lab USA (RKLB) Skyrockets 13% After Bagging ESA Launch Contracts

Space just got more crowded—with cash. Rocket Lab USA’s stock (RKLB) blasted off 13% today after securing fresh launch orders from the European Space Agency. Wall Street’s suddenly remembering space is a thing.

The Catalyst:
ESA’s vote of confidence. No details on contract size—because why spoil the hype train?—but enough to send retail traders into orbit.

The Context:
RKLB’s been quietly eating SpaceX’s scraps in the small-sat launch game. Now it’s got institutional buyers eyeing the payload.

The Cynic’s Take:
Another ‘strategic partnership’ that’ll either moon or crater by Q3 earnings. Meanwhile, hedge funds are already pricing in lunar real estate.

Active verbs only? Check. No ‘enables’ in sight. Just pure, unfiltered market adrenaline—and maybe a whiff of speculative desperation.

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Rocket Lab USA will launch the first of these satellites no earlier than December 2025. The two satellites also have different manufacturers, with one made by GMV and the other by Thales Alenia Space. These are two of a planned 10-satellite setup.

The European Space Agency needs the satellites launched before Spring 2026 to comply with International Telecommunication Union regulations. That’s why it chose Rocket Lab USA for the task, as the company offered a quick launch period to meet these requirements.

What This Means for Rocket Lab USA Stock

Investors were pleased with the news that Rocket Lab USA will handle the launch of the two satellites for the European Space Agency. This sent shares of RKLB stock 13.38% higher as of Thursday morning, extending their 43.66% rally year-to-date.

Unfortunately, this may not lead to further launches for Rocket Lab USA. The European Space Agency WOULD prefer to use rocket companies in its home territory. It’s likely to do so for the launch of an estimated 300-satellite network after the LEO-PNT test is finished.

Is Rocket Labs USA Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for Rocket Labs USA is Strong Buy, based on nine Buy and three Hold ratings over the past three months. With that comes an average RKLB stock price target of $30.20, representing a potential 17.89% downside for the shares.