Rocket Lab Stock (RKLB) Hits Record Close After $816M Space Force Deal as Electron Wraps 2025 With 21 Successful Launches
Rocket Lab shares closed at a record $70.52 on Friday after announcing an $816 million U.S. Space Development Agency contract to build 18 missile warning satellites. The company also reported 21 successful Electron launches in 2025. The SDA expects the satellites to launch in 2029 as part of a $3.5 billion program with four suppliers. Rocket Lab says this is its largest contract to date.