SpaceX Ends 7-Day Losing Streak, Rocket Lab Surges Over 12% Today

BlockBeats News, July 22nd, according to BIT (bit.com) market data, the US stock space concept stock Rocket Lab (RKLB) closed up 5.14%, and surged over 7% in after-hours trading. Rocket Lab has secured a $266 million contract with the US Air Force to launch 12 suborbital spacecraft, with an additional option for 6 more launches. The launches will take place in Alaska and are expected to be completed by the end of 2028.

In addition, SpaceX rose over 3%, ending a 7-day consecutive decline, and further rose 1.3% in after-hours trading. SpaceX is set to release its Q2 2026 financial report on August 4th and will host a live webcast of the earnings call, with the market currently focused on the next test flight of Starship.