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News  ›  The Motley Fool

Why Rocket Lab Stock Shot 30% Higher This Week

The Motley Fool Logo The Motley Fool By Brett Schafer
Why Rocket Lab Stock Shot 30% Higher This Week

Rocket Lab's stock surged 30% this week due to rumors of a potential SpaceX IPO and progress on its Neutron rocket testing, with the company experiencing significant revenue growth and market optimism.

Insights
TSLA   neutral

Mentioned in context of Elon Musk's incentive plan approval, with no direct impact on Faraday Future's operations


RKLB   positive

48% year-over-year revenue growth, stock up over 10x since early 2024, making progress on Neutron rocket development