Rocket Lab Surge Pauses as Space IPO Momentum Faces Wall
NEW YORK, May 29, 2026, 12:03 PM EDT Rocket Lab USA shares dropped hard Friday, pulling back after a strong rally in the small group of publicly traded space stocks. Losses came as investors weighed a failed Blue Origin test and a sign SpaceX may go public at a lower valuation. The stock slipped 6.5% to $138.37 around midday in New York, putting Rocket Lab’s market cap close to $83.8 billion.