Rocket Lab’s record launch cadence and growing defense satellite backlog are redefining its government revenue base, today, Dec. 22, 2025.
Today’s Change
(9.91%) $6.99
Current Price
$77.51
Key Data Points
Market Cap
$41B
Day’s Range
$72.82 – $78.44
52wk Range
$14.71 – $78.45
Volume
1.5M
Avg Vol
23M
Gross Margin
28.93%
Rocket Lab (RKLB +9.91%), a leading launch and space systems provider, closed Monday’s session at $77.55, up 10%. Rocket Lab IPO’d in 2020 and has grown 696% since going public. Trading volume reached 46 million shares, doubling its three-month average of 23 million shares.
Monday’s catalysts centered on a new $816 million U.S. defense satellite award and confirmation of a record 21 Electron launches this year.
How the markets moved today
The S&P 500 added 0.61% to finish at 6,876, while the Nasdaq Composite gained 0.5% to close at 23,429. Space-focused peer, Virgin Galactic rose 5.9% to $3.71, underscoring renewed interest in launch and space services operators.
What this means for investors
Rocket Lab has now soared 44% in its last three days of trading following its:
The new deal nearly doubles Rocket Lab’s $1.1 billion backlog, which prompted the upgrade from Stifel. In addition to this shorter-term news, the company plans to launch its new medium-lift Neutron rocket in the first half of the year. Success with this launch would place it more in line with its mega-peers SpaceX and Blue Origin. As Rocket Lab continues to demonstrate that it is more than just a launch company, I believe the growth stock remains a promising buy.















