RKLB is trading at $129.88 (up 4.1%) in pre-market as reports of a potential $2 trillion SpaceX valuation drive a sympathy rally across the space sector.
- Shares are extending a sharp rally from last week, overcoming a brief pullback on May 15.
- Investors are seeking public-market exposure to the space theme following news that a SpaceX IPO could value the company at $2 trillion.
- Rocket Lab remains a key beneficiary of positive sentiment surrounding the broader commercial space industry.