Stock Track | Rocket Lab USA Soars 7.91% in Pre-Market on Trump's Vow to Pursue Space Exploration

Stock Track

Jan 21, 2025

Rocket Lab USA, Inc. (RKLB) saw its stock soar 7.91% in the pre-market trading session on Tuesday, following President Trump's comments during his inauguration speech about pursuing American space exploration and planting the U.S. flag on Mars.

Trump's bullish remarks on championing space exploration and launching astronauts to Mars sparked enthusiasm in the space industry, with several space-related stocks climbing in pre-market trades. The President's close ally, SpaceX CEO Elon Musk, was seen enthusiastically applauding Trump's pledge.

Rocket Lab USA, a leading space launch company, benefited from this renewed interest and optimism surrounding the sector. Investors seem to be betting on increased opportunities and potential contracts for companies like RKLB as the U.S. government prioritizes space exploration and Mars missions.

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