Rocket Lab wins $266 million contract, SpaceX stock price rebounds

According to BIT market data, Rocket Lab closed up 5.14% and rose over 7% after hours. Rocket Lab has been awarded a $266 million contract by the US Air Force to launch 12 suborbital spacecraft and 6 optional launches, which will take place in Alaska and are expected to be completed by the end of 2028. SpaceX rose over 3%, ending its 7-day losing streak on the daily chart, and then rose another 1.3% after trading. SpaceX will release its Q2 2026 financial report on August 4th and conduct a live stream online.