Why Rocket Lab Stock Keeps Going Up

Continuing its recovery from last Thursday's sudden sell-off, Rocket Lab (NASDAQ: RKLB) stock rose for a third straight day in early Tuesday trading, tacking on 4.1% through 10:10 a.m. ET. You can thank CEO Sir Peter Beck for that.

Late last night (our time -- I think it was a morning post in New Zealand ), the Rocket Lab CEO posted on X the observation that he's really happy that his company is now mass producing and shipping satellite parts (known as "reaction wheels") to its satellite-building customers by the pallet load.

Love that we now ship pallets of reaction wheels to constellation customers. pic.twitter.com/Og3gVkcVuA

Source Fool.com