Rocket Lab Corporation (NASDAQ:RKLB) posted strong growth—Q revenue $200.3M, $2.2B backlog—and hit Neutron engine and launch milestones as it pursues an ~$8B Iridium buyout, drawing analyst interest in Neutron’s reusable potential while shares rebound amid CEO’s competitive but cooperative tone.
Previous Week Recap
- Rocket Lab Revenue Growth, Backlog: Rocket Lab (RKLB) Q: revenue $200.3M (+63% YoY); backlog $2.2B (+20% QoQ). Orders across Electron, HASTE, Neutron; completed five dedicated Neutron launches.
- Rocket Lab Tries $8B Iridium Buy: Rocket Lab (RKLB) proposed an ~$8B cash-and-stock buyout of Iridium to add satellite communications to its launch and spacecraft operations; traders note deal size and strategic asset mix.
- Neutron Archimedes Engine Hot-Fire: Rocket Lab completed full-duration hot-fire of the Neutron Archimedes vacuum engine; this milestone supports prep for Neutron’s targeted reusable first launch in Q4 2026.
- Piper Sandler Neutral On RKLB: Piper Sandler began coverage of Rocket Lab (RKLB) with Neutral, citing Electron’s small-payload market lead and Neutron reusable rocket as the next growth catalyst; notes RKLB trades at a premium.
- RKLB Shares Rally After Beck Remarks: Rocket Lab (RKLB) shares rebounded after a six-day drop after CEO Peter Beck called SpaceX a "friendly rival" and stressed Rocket Lab’s role as a proven commercial launch provider.
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