Rocket Lab (RKLB) — Ready for Its Next Launch Higher
Rocket Lab (RKLB) has been one of the most remarkable performers of the past year, moving from just $6 in September 2024 to nearly $49 today. What makes this run more impressive is that the company isn’t slowing down — the setup suggests there could be more upside ahead.
Rocket Lab has firmly established itself as the No. 2 commercial launch provider behind SpaceX, with over 70 successful missions completed. Its August 23rd launch from New Zealand marked its 70th Electron rocket mission, reinforcing the company’s track record of reliability — a crucial factor in securing future contracts.
Several tailwinds are working in Rocket Lab’s favor:
- Government support for expansion – The company received a $23.9 million grant from the U.S. Department of Commerce under the CHIPS and Science Act to expand its semiconductor manufacturing capabilities. This funding strengthens Rocket Lab’s vertical integration in space hardware and satellite ecosystems.
- Regulatory relief – A new executive order signed August 13th streamlines launch licensing and permitting, cutting red tape and improving operational efficiency for future missions.
- Consistent revenue growth – While profitability isn’t expected until 2027, revenue has grown steadily, from roughly $200 million in prior years to nearly $900 million projected by 2026. In the current market, investors are rewarding strong top-line growth, particularly in high-potential industries like space.
On the technical side, RKLB’s chart continues to show strength. The stock held firm at its 50-day moving average during a recent period of consolidation and has started moving higher again. A daily close above $50 on volume exceeding 25 million shares could serve as confirmation of the next leg up. For traders, $46 looks like a logical stop level to manage risk.
Rocket Lab may not yet be profitable, but its growth trajectory, industry position, and favorable policy backdrop make it a compelling pick. With a strong year behind it and multiple catalysts ahead, RKLB looks well positioned to extend its climb.
