Rocket Lab Stock Brushes Off Major JAXA Milestone
Rocket Lab USARocket Lab USA(US:RKLB) Schaeffers Investment Research·2025-12-16 00:39

Shares of Rocket Lab Corp. (NASDAQ:RKLB) are down 7.9% to trade at 56.54,atlastcheck,reversingitsearlymorninggainsdespiteofficiallylaunchingitsfirstdedicatedmissionovertheweekend.The"RAISEandShine"operationforthe JapanAerospaceExplorationAgency(JAXA)isa milestoneElectronlaunch,reinforcingthecompany′sgrowingroleasareliablepartnerforinternationalspaceagencies. Thesharestradedashighatnearly56.54, at last check, reversing its early morning gains despite officially launching its first dedicated mission over the weekend. The "RAISE and Shine" operation for the Japan Aerospace Exploration Agency (JAXA) is a milestone Electron launch, reinforcing the company's growing role as a reliable partner for international space agencies. The shares traded as high at nearly 65 out of the gate, but have quickly reversed gains, adding pressur ...