Rocket Lab’s stock surged after receiving an $800 million award from the U.S. Space Development Agency. Shares climbed 10.1%, reaching an all-time high. The successful launch of its Electron rocket added to investor excitement, with 21 successful launches in 2025. Stifel raised the price target to $85, implying 20.5% upside potential.

Rocket Lab’s stock has risen over 214% in the past year, making it a top pick for space economy exposure. The company’s unprofitability makes traditional valuation metrics ineffective. Investors seeking high growth and willing to take on risk may find Rocket Lab a strong investment opportunity. Analysts suggest considering the company for future gains.

Read more at Yahoo Finance: Why Rocket Lab Stock Is Soaring Higher Today