Rocket Lab USA is trading 10.32% up at $69.89 today, driven by several key developments: * Cantor Fitzgerald reiterated an "Overweight" rating and a $122 price target, viewing the current level as a compelling entry point. * The company completed its $1.94 billion at-the-market share offering, finalizing financing for the $8 billion Iridium Communications acquisition and alleviating dilution concerns. * Ongoing strong operational performance, including a record $2.36 billion backlog and an accelerated launch schedule, further supported the positive sentiment.