RKLB Rocket Lab
What matters nowUpdated 4 days ago
- The most material recent development is the agreement, announced June 29, 2026, to buy satellite operator Iridium in a deal valued at about $8.0 billion in enterprise value; each Iridium share is valued at $54 in notional terms, paid as $27.00 in cash plus Rocket Lab stock, and closing is expected in mid-2027 1.
- The cash portion is backed by a 364-day, $3.6 billion bridge term loan committed on June 28 2, and in Q2 the company sold 8.15 million shares under its at-the-market programs for $1.07 billion net of costs 3.
- Q2 2026 revenue reached a record $234.1 million, up 62% from a year earlier 4; trailing revenue is $769.1 million (up 52.5% year on year), with a 37.3% gross margin, a -29.1% operating margin and trailing free cash flow of -$371.1 million as of June 30, 2026.
- The stock fell 5.28% on Oct 12 and 5.08% on Oct 8 and rose 10.49% on Sep 21; the pooled 24/7 venue price is $63.55, down 2.72% from the previous close of $65.32, with a market cap of about $38.0 billion and a price-to-sales ratio of 49.4.
- Insiders sold 4.25 million shares worth $389.8 million over the last 180 days across 24 sales, 17 of them under planned trading arrangements, and bought none.
- Next: Q3 2026 results are expected on Nov 10, 2026 (not confirmed), and the first Neutron launch is targeted for Q4 2026. The September CPI report is due Oct 14, 2026.
Rocket Lab investor relations, press release (June 29, 2026) · Jun 29
SEC EDGAR, Rocket Lab Form 10-Q for the quarter ended June 30, 2026 · Jun 28
SEC EDGAR, Rocket Lab Form 10-Q for the quarter ended June 30, 2026 · Jun 30
SEC EDGAR · Aug 10
Valuation & fundamentalsFull financials →
TTM through 2026-06-30 from SEC filings↗ (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Every venue
| Venue | Price | vs pool | 24h vol | Open int. | Funding 8h |
|---|---|---|---|---|---|
| binance perp RKLBUSDT · just now | 50.66 | −0.03% | $10.9M | $7.8M | -0.0099% |
| hyperliquid perp xyz:RKLB · just now | 50.59 | −0.16% | $4.8M | $6.4M | -0.0052% |
| bitget perp RKLBUSDT · just now | 50.70 | +0.05% | $4.8M | $2.5M | 0.0000% |
| lighter perp 186 · just now | 50.67 | −0.01% | $18.5K | $58.1K | 0.0008% |
| aster perp RKLBUSDT · just now | 51.12 | +0.88% | $11.5K | $24.8K | 0.0000% |
| okx perp RKLB-USDT-SWAP · stale | 51.21 | +1.06% | $2.9M | $2.3M | 0.0079% |
| bybit perp RKLBUSDT · stale | 51.18 | +1.00% | $1.8M | $2.3M | 0.0136% |
Pooled price = volume-weighted median of venues within 2% of each other. Venue markets for stocks, indices and gold are 24/7 perpetual contracts; they track but are not the official exchange price.
Open interest, 120 days
US$ millions, all venues
Funding, 120 days
Annualised %, OI-weighted. Positive: longs pay shorts.
NewsAll news →
Rocket Lab signs 20-launch Electron deal with Synspective, its largest commercial Electron contract
Rocket Lab signed a multi-year agreement with Synspective for 20 Electron launches carrying StriX radar satellites from Launch Complex 1 in New Zealand.
Iridium shareholders approve Rocket Lab merger; deal expected to close mid-2027
Iridium Communications shareholders adopted the merger agreement with Rocket Lab at a special meeting on September 24, 2026.
Electron launches 96th mission, the 12th StriX satellite for Synspective
Rocket Lab's Electron launched its 96th mission, Owl By The Dozen, from Launch Complex 1 in New Zealand on September 19, 2026 local time.
Electron launches 94th mission, deploying Synspective StriX radar satellite
Rocket Lab's Electron launched its 94th mission, named Owl Around The World, from Launch Complex 1 in New Zealand on September 3, 2026 local time.
Electron launches 93rd mission, deploying an iQPS radar satellite
Rocket Lab's Electron launched its 93rd mission from Launch Complex 1 in New Zealand on August 21, 2026 local time, deploying an iQPS QPS-SAR radar satellite into a 575 km low Earth orbit.
Rocket Lab reports fiscal Q2 2026 results: revenue $234.1M, up 62% from a year earlier
Rocket Lab filed a Form 8-K with the SEC on Aug 10, 2026, 4:08 PM ET, reporting an event dated Aug 10, 2026.
Rocket Lab says the window for a 2026 Neutron debut is narrowing
In its filing ahead of the Q2 2026 earnings call, Rocket Lab said the window for an end-of-year Neutron launch is narrowing and that the debut could slip into 2027.
Rocket Lab introduces GHOST launch system, first site in Kodiak, Alaska
Rocket Lab introduced GHOST, a globally deployable launch system, with its first site at Launch Complex 4 at the Pacific Spaceport Complex in Kodiak, Alaska.
CEO Peter Beck's trust sells 3.28M Rocket Lab shares for about $286M under a 10b5-1 plan
Form 4 filings show Peter Beck's Equatorial Trust sold 3,275,779 Rocket Lab shares on July 6, 7 and 8, 2026, at prices from about $81.59 to $101.57.
Rocket Lab sells 8.15M shares in Q2 ATM for $1.07B net
From April through June 2026 Rocket Lab sold 8,152,223 shares under its at-the-market programs for $1.07 billion net of costs.
Rocket Lab agrees to buy Iridium in about $8B cash-and-stock deal
Rocket Lab agreed to acquire satellite operator Iridium Communications, a deal valued at about $8.0 billion in enterprise value, announced June 29, 2026 under a merger agreement dated June 28.
Rocket Lab lines up $3.6B 364-day bridge loan for Iridium cash payment
Rocket Lab obtained a commitment for a 364-day, $3.6 billion senior secured bridge term loan from Deutsche Bank and Wells Fargo, dated June 28, 2026.
Rocket Lab names Agostino Ricupati chief accounting officer
Rocket Lab appointed Agostino Ricupati as Vice President, Corporate Controller and Chief Accounting Officer, effective June 3, 2026.
Rocket Lab acquires Motiv Space Systems for $40M cash plus earnout
Rocket Lab acquired Motiv Space Systems on May 26, 2026 for $40 million in cash plus up to $20 million of stock-based earnout payments.
Rocket Lab enters new equity distribution agreement on May 20
On May 20, 2026 Rocket Lab entered a new equity distribution agreement for its at-the-market program, and it sold shares under that agreement before June 30.