Rocket Lab and SpaceX both moved higher on July 22, according to market data from BIT (bit.com), as investors tracked fresh contract news and upcoming corporate disclosures. Rocket Lab (RKLB) closed up 5.14% and rose more than 7% again in after-hours trading. The move came after the company secured a $266 million contract from the U.S. Air Force covering 12 suborbital launch vehicle missions, with options for six additional launches. Those launches are set to take place in Alaska and are expected to be completed by the end of 2028.
SpaceX also climbed more than 3%, ending a seven-session daily losing streak, and added another 1.3% after the close. The company is scheduled to release its second-quarter 2026 earnings on Aug. 4 and will hold a webcast for the results. Market attention is currently centered on the next Starship test flight. The price action in both names put space-related U.S. stocks back in focus during the session.
Rocket Lab (RKLB) closed up 5.14% on July 22 and gained more than 7% again in after-hours trading, according to market data from BIT (bit.com).
The company secured a $266 million contract from the U.S. Air Force for 12 suborbital launch vehicle missions, with options for six additional launches. The launches will take place in Alaska and are expected to be completed by the end of 2028.
SpaceX also rose more than 3%, ending a seven-session daily losing streak, and added another 1.3% in after-hours trading.
SpaceX is set to release its second-quarter 2026 earnings on Aug. 4 and will host an earnings webcast. The market is currently focused on the next Starship test flight.
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