Rocket Lab Rises Over 12% as SpaceX Ends 7-Day Losing Streak

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Rocket Lab (RKLB) shares rose 5.14% during regular trading and over 7% in after-hours trading following the announcement of a $266 million U.S. Air Force contract for 12 suborbital launches. On-chain data indicates rising interest in the stock. SpaceX shares increased over 3%, ending a seven-day losing streak, with an additional 1.3% gain in after-hours trading. The company will report Q2 2026 earnings on August 4 and host a webcast. The market is focused on the next Starship test flight, with on-chain analysis suggesting increased activity ahead of the event.

ChainThink reports that on July 22, according to market data, U.S. space sector stock Rocket Lab (RKLB) closed up 5.14% and rose over 7% in after-hours trading.

The company has been awarded a $266 million contract by the U.S. Air Force to launch 12 suborbital flights, with an additional 6 flights optional, with missions to be conducted in Alaska and expected to be completed by the end of 2028.

SpaceX rose over 3%, ending a seven-day consecutive daily decline, and added another 1.3% in after-hours trading. The company will release its Q2 2026 earnings report on August 4 and hold an earnings webcast; the market is currently focused on the next Starship test flight.

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