Rocket Lab's successful 70th Electron launch and Boeing's X-37B Orbital Test Vehicle launch boosted the space stock sector. Rocket Lab stock rose 7% last Friday, while Boeing's X-37B mission marked its eighth flight. Intuitive Machines and AST SpaceMobile shares gained 3% and 3% respectively, but remain down by over 20% and 18% respectively. Starlink experienced a brief service outage, its second in two weeks.
July 02, 2025 - The aerospace sector witnessed a significant boost last week with the successful completion of two major missions. Rocket Lab's 70th Electron launch and Boeing's X-37B Orbital Test Vehicle launch have had a notable impact on the space stock sector.
Rocket Lab Corporation (RKLB) successfully completed its 70th Electron launch mission on August 23, 2025, deploying five satellites to a 655 km circular Earth orbit. The mission, titled "Live, Laugh, Launch," was conducted from Rocket Lab's Launch Complex 1 in New Zealand [1]. The successful launch comes as Rocket Lab continues to execute an accelerated schedule of Electron missions. This mission was the 12th of 2025, following a record-setting quarter of two launches flown just two days apart from the same site in late June [1]. The company's stock rose nearly 7% on Friday, August 25, 2025, amid a broader market rally. The stock price was trading 8.56% higher at $48.12 during Monday's US market session, compared to $44.38 at the previous Wall Street close [3].
Boeing announced the successful launch of its X-37B Orbital Test Vehicle on its eighth mission, further highlighting the activity in the aerospace sector. The X-37B mission marked Boeing's eighth flight of the Orbital Test Vehicle, which is designed to test new technologies in space [2].
While Rocket Lab and Boeing's launches have boosted the sector, some companies have seen their shares move lower. Intuitive Machines and AST SpaceMobile shares moved lower, with Intuitive Machines down by over 20% and AST SpaceMobile down by over 18% [1]. Starlink experienced a brief service outage for the second time in two weeks, which may have contributed to the market's volatility [1].
Rocket Lab's success with the Electron mission underscores its position as a global leader in responsive launch services. The company is also preparing to debut its new medium-lift reusable rocket, Neutron, which will further expand its capabilities in space exploration and satellite deployment [1].
References:
[1] https://www.businesswire.com/news/home/20250823588500/en/Rocket-Lab-Successfully-Launches-70th-Electron-Mission
[2] https://www.benzinga.com/news/space/25/08/47203344/spacex-rival-rocket-lab-sets-launch-date-for-70th-electron-mission-will-deploy-5-satellites-for-confidential-commercial-customer
[3] https://www.livemint.com/market/stock-market-news/us-stocks-rocket-lab-shares-jump-nearly-12-on-wall-street-whats-fuelling-the-rise-11756139262370.html
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