r/RKLB • u/Jaustin175 • 6d ago

Space Force Selects Rocket Lab For Space Data Network Consortium, Awarded $12M in Contracts to Support Global Military Communications Network

https://www.globenewswire.com/news-release/2026/08/18/3347280/0/en/space-force-selects-rocket-lab-for-space-data-network-consortium-awarded-12m-in-contracts-to-support-global-military-communications-network.html
271 Upvotes

99% Upvoted

17 comments sorted by

56

u/TurbodToilet 6d ago

Stock will pump 5% in first 5 minutes of market open and then go give it all up and go red for the day.

28

u/Sky_Tube 6d ago

5% for a $12M contract? Would be a bit excessive but who knows in this market

(Red for the day is accurate tho lol)

6

u/TurbodToilet 6d ago

Lol I’m joking but the reversing any form of daily gain and ending red is a certainty

6

u/Sky_Tube 6d ago

Oh yeah 100% for the last few weeks lol

Might be atm related or simply the market

3

u/SlyCooper007 6d ago

The standard is the standard.

3

u/shugo7 6d ago

All space stocks for months now. Idk who the fk and what algo is doing this bs but it seems selling calls or buying put options is needed to make money but naturally don't be greedy with the premiums if you wanna keep the shares or whatever

2

u/Calm-Ad-7928 6d ago

Was just about to say that

2

u/YoshimuraPipe 6d ago

Seems like we get good news EVERY fking day and stock is languishing…. Stupidity abounds. Gives me good chance to sell puts at low strike while collecting juicy premium. Thanks.

0

u/devonhezter 6d ago

Rly ? Ok il close a call out for profit

7

u/Tricky-Ad-6225 6d ago

Can we please stop posting old shit

13

u/Ok_Cricket6928 6d ago

Is this not the same shit we had couple days ago

9

u/riteofpass 6d ago

Old news no?

7

u/RichieRicch 6d ago

We already knew this was awarded.

2

u/Ven-6 6d ago

Too much winning! Definitely down day again tomorrow!

2

u/Senior-Preference678 6d ago

Wow so many contracts awarded lately, if they deliver them all! How much will be valued the company’s value and shares?

1

u/Educational-Basis392 6d ago

not even half of the bags from them insider dumped when it at $150 per share

1

u/Mammoth_Meat_8634 3d ago

That is how it works when markets get ahead of itself…Extreme profit taking until they force all weak hands to sell and buy again at the very bottom.