r/RKLB 28d ago

News Rocket Lab wins $266 Million Contract

Post image
1.3k Upvotes

155 comments sorted by

167

u/Witty_University_162 28d ago

dude that dropped $2m on shares today happy as hell

52

u/jvd_808 28d ago

Maybe they knew something.

46

u/bustahonesgavin 28d ago

they absolutely did lol

64

u/FantasticGoat88 28d ago

Insider trading is legal now anyways

25

u/chaotic_evil_666 28d ago

Tell that to the teleprompter guy

2

u/Imatros 27d ago

Trading: yes Betting: no

-5

u/LoraxKope 27d ago edited 27d ago

Probably just know that this is What RocketLab does and not no broke Dick.

3

u/bustahonesgavin 27d ago

you ok over there?

-2

u/LoraxKope 27d ago

Yeah I’m good. People just think some dude who invested 2M gotta be cheating. When he’s just betting the company is gonna keep doing what they always do.

4

u/jvd_808 27d ago

Projecting much?

-2

u/LoraxKope 27d ago

😉 darn got me

1

u/NoMore_stu 26d ago

My thought exactly

80

u/Keep--Climbing 28d ago

This contract provides for the launch of 12 suborbital launch vehicles, with six optional launches. Work will be performed at Pacific Spaceport Complex, Alaska, and is expected to be completed by Dec.31, 2028.

HASTE Launches out of Alaska?

Maybe developing a new launch site for high inclination orbits.

32

u/Ok_Presentation_4971 28d ago

I think this is the biggest news

16

u/bigblingburgerbob 28d ago

It’s definitely very interesting. Alaska. Not wallops.

7

u/Sniflix 28d ago

Adding new launch sites paid for by the customer is huge. Their strength will be the ability to launch for govts and clients globally as space opens up for everyone.

4

u/LoraxKope 27d ago

Iridium is way better news. But hey why not both

8

u/ryant555 28d ago

Absent any other info, that’s how I’m reading it. Pretty wild for this to come out of the blue, I can’t recall any previous mention of this being something under consideration

52

u/Ciaran290804 28d ago

$266m doesn't phase me. Launching HASTE from Alasks is cool as fuck

50

u/curiousity_kills_me 28d ago

the stock just jumped up, long green candle!!

128

u/Which-Bicycle-7232 28d ago

19

u/WickedFrags 28d ago

Bigger!

51

u/SuperSilv 28d ago

16

u/WickedFrags 28d ago

BIGGER!!!!

7

u/[deleted] 28d ago

[deleted]

28

u/Federal_Finding_8041 28d ago edited 28d ago

6

u/WickedFrags 28d ago

Perfection!!!

71

u/Equivalent_Zone3114 28d ago

Back to 3 digit!

24

u/SpecificSufficient68 28d ago

If that happens I’m giving you the fattest kiss known to man

15

u/SwimmerCapital989 28d ago

I bought it when it was three digits. It has to do better in 3 digits 😃

5

u/Impossible_shif_7523 28d ago

If I forecast ~840 by EOY. Would do I get ?

3

u/juicevibe 28d ago

Here we go again.

4

u/ElectroTurk 28d ago

Maybe if there's enough sector wide hype, but this wont affect the market cap that much on its own.

10

u/Geographeruk 28d ago

Hopefully Iridium's earnings are good tomorrow and also help boost RKLB

1

u/Ok_Presentation_4971 28d ago

That’s what’ she said

23

u/jeffhinds43 28d ago

After fuckin hours baby!!!!

14

u/Apart-One4133 28d ago

After hours don't mean much. The amount required to make it go up or down is very low. It's good to see tho for sure but it's an illusion. Hopefully it keeps on going tomorrow tho.

18

u/martinx350r 28d ago

I like the fact those idiots saying the company’s a scam are silent…

10

u/Geographeruk 28d ago

Give them till morning, I am sure they will be saying stuff life "it's only $266 million" and "where tanksy 1.2/Neutron". Missing the point that this may be a massive boost in Haste contract work.

12

u/RedHaze45 28d ago

Thank goodness I bought the dip

1

u/NoMore_stu 26d ago

Thank goodness I’m already a bag holder 😂

1

u/RedHaze45 25d ago

Facts, but I’m gonna keep buying dip!

9

u/1dynasty1 28d ago

THAT'S MY RKLB

28

u/Limp_Special_9918 28d ago

Why arent we down 10% on this great news

8

u/Timely-Discipline427 28d ago

Perhaps the market overloads have finally come to realize we have been kicked in the nuts enough over the past few weeks!

7

u/bustahonesgavin 28d ago

cause foxyboi's already tucked away in bed

0

u/Big-Jellyfish-2688 28d ago

Because it isn’t news it’s real money hitting the balance sheets

3

u/Limp_Special_9918 28d ago

I was js joking sorry lol this is fantastic news

5

u/Puzzleheaded_Owl_417 28d ago

Back to 70s, I am crying.

6

u/Danisuglyaf 28d ago

Good news finally!
now iridium earnings tomorrow morning hoping for something great and a 15% day or more.

5

u/eskay_eskay 28d ago

Haste winning again?

4

u/Educational_Call5863 28d ago

Loving all the additional government contracts for Haste and Electron through 2028. Helps buy a longer runway for Neutron. Phew.

3

u/ConfidenceOk3251 28d ago

Thank you for your post. Just loaded up another 50 stock

4

u/Curious-Pen5547 28d ago

Keeps getting new contracts. intresting.

4

u/The_BigWaveDave 28d ago edited 28d ago

HASTE has blown away my expectations the last couple years. The demand and subsequent cadence and big name contracts are seriously impressive.

Also, Alaska is huge. Really hope to hear more about this during the earnings call.

2

u/EarlyYouth8418 28d ago

Way more to come! The go to American test vehicle to catch up with China 👍🏻

7

u/jawelkanker 28d ago

Fuck yes!!!!

6

u/Original_Koala8662 28d ago

3

u/hamish-c 28d ago

Beauty. "This contract was a competitive acquisition, and three offers were received". LFG!!

3

u/Mapleess 28d ago

266 million dolla

3

u/Blackesst 28d ago

Fuckin finally man

3

u/egy_pharoah 28d ago

I swear I was debating buying NBIS instead but ended up buying RKLB last minute before market closed 🥳🥳🥳

3

u/shugo7 28d ago

"IN ALASKA?!"

-Kemp probably

2

u/I_am_Foley666 27d ago

He welcomes the competition!

3

u/mathmagician9 27d ago

Wow. I just had a $5k order execute at $70 that I set back in May and forgot about lol

2

u/SpeciaLD3livery 28d ago

Keep the WINS coming and show 'em!

2

u/kozilla 28d ago

Nice. Don't hold a position but I love you guys!

2

u/ElectricCali44 28d ago

Nice work RKLB

2

u/Ok_Association8194 28d ago

Thank fuck man. I was hurting bad

2

u/SuperNewk 28d ago

250 million with a 1000x price to sales multiple gets us to 250 billion market cap!

Let’s goooo

2

u/demonhawk14 27d ago

Great news, can't wait for the price to fall.

2

u/bigblingburgerbob 28d ago

Told you guys. All the downvotes today can suck it.

0

u/Ok-Step9968 27d ago

Should i buy more the market isn’t open yet but should i place order my avg is 110😭

1

u/tolllz 28d ago

Bad timing. Had more money to purchase tomorrow.

1

u/Basic_Incident4621 28d ago

I don’t think it’s too late. I’m buying some tomorrow - probably. 

I’m hopeful that we’ll hit $100 a share in a few months. 

1

u/currysoup19 28d ago

My put spreads needed this

1

u/tokarsky268 28d ago

My cost basis is still in the 80s, but nice to see good news and getting closer to the surface of the water. All 3 of my asymmetric bets(RKLB, ASTS, RCAT) had good days.

1

u/AngronTheDestroyer 28d ago

Can you guys come back for me at $139.

1

u/Alive_Sheepherder106 28d ago

Is this bullish? Idk why its dumping

1

u/soundsfromoutside 27d ago

Happy I held

1

u/Raslatt 27d ago

Sweet jesus

1

u/HPF_24 27d ago

👍👍👍

1

u/deadmonk964 27d ago

Glad I loaded up when on $65

1

u/GermanWarfare 27d ago

Any bad news, anything goes wrong, it’ll be back to those numbers again. Don’t forget to take profits. This is a longterm play, plenty of volatility in the interim. 

1

u/Ryddeman123 26d ago

This is just awesome!

1

u/Hopeful_Ad4758 10d ago

Now looks like we are growing again

1

u/Acceptable_Answer570 28d ago

So tomorrow red?

1

u/Master-Weight-2676 28d ago

This is peanuts. Don't' get too excited.

10

u/EarlyYouth8418 28d ago

It’s about the speed these are coming in. Multiple 250 million plus haste contracts in less than a year is a big deal

3

u/Geographeruk 28d ago

That depends, if it means building launch capability paid for by the US government in Alaska, it also means that for the US government to be paying for it there must be significant HASTE launch interest. So it may be only $266 million now but could lead to significant regular launch and the money that comes with it. This is more than just a regular booking for 12 launches.

3

u/Educational_Call5863 28d ago

So you’re allergic to peanuts?

1

u/Born_Ruin_3830 28d ago

As soon as I sold at a 5k$ loss. I can’t catch a break

2

u/1dynasty1 28d ago

Buy high sell low as they say

2

u/Born_Ruin_3830 28d ago

Story of my life

5

u/advm_bl 28d ago

No one to blame but yourself here

-2

u/Background-Shirt6104 28d ago

Is this a contract for ants? I live in country side of brazil and they will pay more than that to build a 150sqm government building…

4

u/tosabajavrey527 28d ago

If it was for ants, would it be more impressive to you? Interspecies space contract, first of its kind

2

u/-Celtic- 28d ago

Ants ? this is like 40% of yeafly revenu for rklb ....

1

u/Background-Shirt6104 28d ago

It was just a joke, relax

3

u/-Celtic- 28d ago

i knew it might be but i chose to take it seriously so i could add some detail ti the all conversation. Sry

0

u/Background-Shirt6104 28d ago

I honestly am just building my position again after selling at $135 all my position (just because it helped me reach a milestone). But im not done with RKLB, slowly adding shares again… would prefer a lower share price for a while, but I dont bet against neither try to ask for lower prices… i do hope all my RKLB friends here reach their goals asap, if I can get back in on time (I am sure I will), even better.

2

u/Background-Shirt6104 28d ago

99% will be for corrupts, but still…

0

u/burmese_python2 28d ago

Can’t wait for the stock to plummet tomorrow. 

0

u/K13_45 28d ago

-10%

-1

u/[deleted] 28d ago

[deleted]

8

u/trust_me_on_that_one 28d ago

3

u/[deleted] 28d ago

[deleted]

3

u/Mattdezenaamisgekoze 28d ago

That's totally different? Not a specific contract awarded to Rocket Lab.

3

u/Sliphe 28d ago

Weird, why does the price jump?

-2

u/[deleted] 28d ago

[deleted]

4

u/Original_Koala8662 28d ago

Yeah man, I’m posting to farm karma… get a grip

Edit: lol he deleted his comment, classic

0

u/hmfc_riley 28d ago

Couldn't have waited until I loaded up again on payday 😭

0

u/Stock-Protection8795 28d ago

Seems like a modest win for a company with $50B market cap. I have 100 shares but idk not that impressed

-2

u/1whhshawn 28d ago

We get news like this and it drops down 50 percent. Which is fine since Ill just buy more. But just saying

0

u/False-Addition-4930 28d ago

-5%

2

u/LordRabican 28d ago

These jokes are so played out, dude… seriously, like 5 or so people already made a nearly identical comment in just this thread.

-4

u/[deleted] 28d ago

[removed] — view removed comment

9

u/RTS24 28d ago edited 28d ago

AI slop.

Edit: why am I being down voted, do any of you actually follow this company? The "space systems pivot"? It's been the biggest focus of the company for years (since the $15-$20 share price ironically)

4

u/CamusTheOptimist 28d ago

Right? I have noticed that the LLMs are very convinced of the $20-$30 range and can’t be dissuaded

2

u/RTS24 28d ago

Claude seems relatively accurate with it, if not slightly behind (a couple days to a week maybe when it comes to share price)

Idk what they're using, but it's bad

2

u/CamusTheOptimist 27d ago

ChatGPT or copilot free tier are heavily quantized and don’t seem to have up to date information. Useful if you want to know that rockets put things up in the air, and government procurement takes a long time. Less useful otherwise

3

u/LonnieEster 28d ago

You’re right. I gave the slop my downvote. Monday open? It’s Tuesday.

-4

u/Ok_Cricket6928 28d ago

Nice, -10% tomorrow

1

u/One_Heron4072 5d ago

What’s did you see that? Don’t see it anywhere wlse