Rocket Lab (RKLB) Surges 5% After Record Electron Contract Pushes Launch Backlog Beyond 100 Missions
Rocket Lab (NASDAQ: RKLB) jumped 5% to $72.88 in morning trading after landing its largest-ever Electron launch contract alongside a fresh Wall Street initiation. The deal, struck with Tokyo-based Earth observation company Synspective, covers 20 new Electron missions in a multi-year agreement that sets a commercial record for the launch vehicle. The Synspective agreement makes…