Rocket Lab Stock (RKLB) Weekend Update: Shares Cool After a Record Run as Analysts Lift Targets on $816M Space Force Contract
Rocket Lab shares closed Friday at $70.65, down 8.46% after a volatile session, following a surge to a $79.83 high earlier in December. The drop came days after Rocket Lab disclosed an $816 million U.S. Space Development Agency contract to build 18 satellites for missile warning and tracking, with final delivery expected in 2029. The company completed 21 launches in 2025, all successful.