Watch Archimedes burn! Rocket Lab fires up engine for its powerful next-gen Neutron launcher (vid…


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Explore the latest developments concerning Watch Archimedes burn!.

Watch Archimedes burn! Rocket Lab fires up engine for its powerful next-gen Neutron launcher (video)

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Rocket Lab (RKLB) Is Down 5.5% After Space Force Win And Neutron Test Milestone – Has The Bull Case Changed?

Earlier this month, Rocket Lab announced full success on the U.S. Space Force's VICTUS HAZE mission, delivering launch, spacecraft, and rapid on-orbit rendezvous and proximity operations under a single, record-setting Tactically Responsive Space contract.

Together with a full-duration Neutron second-stage engine test and the planned US$8.00 billion Iridium acquisition, Rocket Lab is shifting from a small-satellite launcher toward a vertically integrated space infrastructure and services provider spanning defense, communications, and reusable medium-lift rockets.

Now we'll examine how the Neutron engine milestone and rapid-response Space Force mission could reshape Rocket Lab's investment narrative.

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Why Rocket Lab Stock Jumped 46% in the First Half of 2026 and Why It Could Rocket Even Higher

Shares of Rocket Lab (RKLB 10.37%) turned in a market-beating performance during the first six months of 2026, with shares jumping 46%, according to data provided by S&P Global Market Intelligence. That's more than four times the 10% gains of the S&P 500.

The rocket launch and satellite company has turned in back-to-back record-breaking quarters this year, and despite the stock's recent pullback, there could be more to come.

Since the start of 2026, Rocket Lab has delivered two quarterly financial reports, and each was better than the last.

In February, the company reported record four-quarter results, as revenue climbed 36% year over year to $180 million, though its $53 million operating loss was essentially flat. Perhaps more importantly, however, was Rocket Lab's backlog, which jumped 73% year over year to $1.85 billion. Management's outlook called for additional growth for Q1, forecasting revenue of $193 million, up 57% at the midpoint of its guidance.

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