Rocket Lab Stock Soars on Strong Earnings and New Launch Deals

Rocket Lab's impressive financial performance and strategic agreements boost its position as a major SpaceX competitor.

Rocket Lab's third-quarter revenue surged 55% year-over-year to $104.81 million, surpassing analyst expectations.
The company's stock has nearly quadrupled in value this year, reflecting investor confidence in its growth trajectory.
Rocket Lab has secured a multi-launch agreement with a confidential commercial satellite operator and a defense contract worth up to $8 million.
The Neutron rocket, set for its debut launch in 2025, is expected to enhance Rocket Lab's competitiveness in the U.S. national security market.
With over 10,000 satellites projected to need launch services by 2030, Rocket Lab anticipates a $10 billion total addressable market.