Rocket Lab Closes at Second Straight Record High on Retail Momentum and Defense Wins
The rally reflects bets on defense-driven growth fueled by intensifying retail options activity.
Overview
- Shares finished Tuesday at $86.03 after a 10.1% gain, extending a roughly 70% one‑month surge to a second consecutive all-time closing high.
- Options activity ran more than 3.5 times the 90-day average as Goldman Sachs placed RKLB as the largest holding in its GS Memes basket, underscoring strong retail interest.
- Rocket Lab recently secured an $816 million U.S. Space Development Agency award to build 18 missile-tracking satellites featuring Phoenix infrared and StarLite protection sensors.
- The company completed 21 Electron launches in 2025 with a 100% success rate, becoming the third-highest launcher globally among publicly traded peers.
- Despite operational momentum, Rocket Lab remains unprofitable and trades at lofty sales multiples, with average analyst price targets sitting below the current share price.