Rocket Lab (RKLB) Stock Climbs After JAXA ‘RAISE And Shine’ Electron Launch as Neutron ‘Hungry Hippo’ Reusable Fairing Clears Final Tests
Rocket Lab shares rose 2.5% in premarket trading Monday after the company confirmed it launched and deployed JAXA’s RAISE-4 technology demonstration satellite from New Zealand on December 14. The Electron rocket placed the spacecraft in a 336-mile orbit, marking Rocket Lab’s first dedicated mission for Japan’s space agency. A second JAXA mission is scheduled for early 2026.