Vast missed out on the first round of NASA awards for the next International Space Station, but that isn’t stopping the company from going all in on stage two. CEO Max Haot told CNBC’s Morgan Brennan this week that the company is betting on its “leapfrog strategy” and planning to build and launch a successful…
Rocket Lab posted record revenues in the third quarter as it scoops up more launch deals and builds its backlog. The space stock slipped more than 1% on Tuesday, pulling back from earlier gains. The company, which makes satellites and rockets and provides launch services to its customers, on Monday reported revenue of $155 million…
SpaceX is valued at around $400 billion and is critical for U.S. space access, but it wasn’t always the powerhouse that it is today. Elon Musk founded SpaceX in 2002. Using money that he made from the sale of PayPal, Musk and his new company developed their first rocket, the Falcon 1, to challenge existing…
CNBC’s Jim Cramer on Monday listed four stocks he thinks have momentum, powered by excitement from retail investors — Palantir, AppLovin, Robinhood and Coinbase — dubbing the group “PARC.” “These PARC names are emblematic of how stocks have devolved into a two-track market,” he said. “There’s the S&P 500, and then there’s this handful of…
An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023. Rocket Lab Rocket Lab stock soared nearly 11% Monday, building on a strong run fueled by space innovation. Shares of the space infrastructure company have nearly doubled over the past two months following a slew of successful launches and…
