For just the first three months of 2026, Rocket Lab's launch business reports $63.7 million in revenue, reports CNBC — plus another $136.7 million from its space systems business. Besides beating Wall Street's expectations, Rocket Lab also announced that its backlog has more than doubled from a year ago to $2.2 billion, and that it's buying space robotics company Motiv Space Systems.
Friday its stock price shot up 34% in one day...
Rocket Lab's stock has more than quadrupled over the past year, benefiting from skyrocketing demand for businesses tied to the space economy ahead of SpaceX's hotly anticipated IPO later this year. Demand for space systems and satellites is also escalating as President Donald Trump pursues his ambitious Golden Dome missile defense project and NASA's crewed Artemis missions rev up.
Rocket Lab said Thursday that it signed its largest contract ever with a confidential customer for its Neutron and Electron rockets through 2029, weeks after landing a $190 million deal for 20 hypersonic test flights... "The demand signal is clear," CEO Peter Beck said on an earnings call with analysts, calling the pace of new product releases from the company this year "relentless".... Rocket Lab's good news lifted other space companies. Firefly Aeropspace and Intuitive Machines both jumped more than 20, while Redwire gained 19%. Voyager Technologies rose 14%.
"The company anticipates revenue between $225 million and $240 million during the second quarter."
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