Rocket Brother Hits Two Jackpots in a Row🚀🔥
1. Officially Completed the Acquisition of Mynaric! $Rocket Lab(RKLB.US) today announced the completion of its acquisition of the German laser communication company Mynaric, officially entering the European market and positioning itself in the satellite laser communication track—this is the core supporting component for the $1.3 billion SDA satellite contract!
2. New Electric Thruster Unveiled! Yesterday (April 14th), it just released a brand-new electric propulsion satellite thruster, further strengthening its Space Systems business.
The stock price has already risen about +4.5% intraday, touching around $74, with market cap breaking through $40 billion!
$RKLB 2X Long ETF(RKLX.US) Attention players: RKLX is a 2x leveraged ETF of RKLB. It moved in sync with the surge today. Short-term gains are real fun, but volatility is extreme. Over 52 weeks, it soared from $5 to over $78 and then fell back. If you have a weak heart, stay away. The current analyst average target price is $71, and the stock price is already above that. Valuation is not cheap. The real test for this promising story will be the Neutron rocket (expected late 2026/early 2027).
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