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Why Rocket Lab Stock Skyrocketed To Start 2026

TheMotleyFool

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Why Rocket Lab Stock Skyrocketed To Start 2026: https://g.foolcdn.com/editorial/images/854985/rocket-lab-neutron-rocket-development.jpg

Fresh off an incredible run in 2025, Rocket Lab (NASDAQ: RKLB) stock continued to climb in January, finishing the month up 14.8%.

Rocket Lab stock was riding a wave of enthusiasm into January following a string of positive news stories and announcements, including the mid-month revelation that the company had secured another major contract with the Department of Defense.

The company said on Dec 19th that it had been awarded a $816 million contract to "design and manufacture 18 satellites" for the U.S. Space Force. The deal now brings the company's total defense contract value well above $1 billion, helping cement it as a serious player in the space.

Source Fool.com

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