Rocket Lab Surges: Can it Clear $70 Resistance?
Rocket Lab extends a strong 11% rebound this week. After a sharp pullback in mid-March a $1 billion ATM offering, RKLB has shown resilience as the “No.2 player in commercial space.” The stock is now holding above the key $65 support level. However, rumors of a trillion-dollar SpaceX IPO are creating a siphoning effect across the sector, while RKLB’s Neutron rocket remains in a heavy investment phase. 👉 With SpaceX moving toward an IPO, will RKLB benefit from a sector-wide re-rating? 👉 Can RKLB hold above $70?
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