Rocket Lab Secures $266 Million Contract, SpaceX Shares Recover

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Rocket Lab announced a $266 million contract with the U.S. Air Force for 12 suborbital launches and six optional missions from Alaska, scheduled for completion by late 2028. On-chain news shows Rocket Lab shares rose 5.14% during trading and over 7% after hours. SpaceX shares rebounded more than 3%, ending a seven-day decline, with a 1.3% gain after hours. The company will release its Q2 2026 earnings and host a webcast on August 4. Token launch news continues to drive market attention.

According to BIT market data, Rocket Lab rose 5.14% during trading and gained over 7% in after-hours trading. Rocket Lab secured a $266 million contract from the U.S. Air Force to launch 12 suborbital missions and six optional launches, with all launches scheduled to take place 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. SpaceX will release its Q2 2026 earnings report and hold a webcast on August 4.

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