Rocket Lab Hits $150 After Record VICTUS HAZE Mission Success

Rocket Lab shares recovered to $150.24 following a successful rapid-response VICTUS HAZE mission for the U.S. Space Force completed on July 9. The stock had surged 31.7% the prior week on bullish analyst notes before volatile swings between $80.50 and $151. Morgan Stanley raised its bull-case target to $293 on July 8, citing the $8 billion Iridium acquisition, $2.2 billion backlog, and vertical integration with space systems driving 67% of revenue. Q2 revenue is expected to jump 60% to $231 million as execution momentum builds.