Rocket Lab is trading at β¬64.10, up 8.46%, after fully financing its planned Iridium acquisition and completing a $1.94 billion equity offering.
- The rally also followed its successful 96th Electron launch, additional defense contracts, and bullish analyst commentary, including Cantor Fitzgeraldβs reiterated $122 target.
- The move appeared company-specific, as broader indexes were essentially flat on September 22, 2026; coverage linked the rally to improved confidence in launch cadence, defense backlog, and acquisition financing.