Rocket Lab's upcoming mission for BlackSky's Gen-3 satellite has a scheduled launch window on May 28, 2025. This will be Rocket Lab's 7th Electron mission and marks their 65th launch to date. Investors can gain exposure through ARKX and RKLX. RKLB shares down 1.47% premarket.
The selloff came as investors repriced risk across equities amid fears of persistently higher rates, sparked by soft demand at the 20-year Treasury auction.
Large-cap stocks surged in the last week. CoreWeave, Super Micro, Coinbase, NRG Energy, Astera Labs, First Solar, Exelixis, Rocket Lab, Hims & Hers, On Holding and Gap were the top performers.
Rocket Lab is a retail favorite that surged over 300% in 2024 and remains a top speculative play for investors betting on long-term growth in the space sector.
The company would launch the Aspera spacecraft on its Electron launch vehicle from the Rocket Lab Launch Complex 1 no earlier than the first quarter of 2026.
Rocket Lab USA Inc (NASDAQ:RKLB) shares are trading higher. The company on Wednesday announced the successful return of its Pioneer spacecraft for Varda Space Industries.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges.
However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
RKLB beat revenue expectations with $123 million (up 32% YoY) but reported a wider-than-expected EPS loss, driven by rising R&D and infrastructure costs.
