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tz-plus logo Top Story Rocket Lab: Revenue could reach $2.6 billion by 2029. Is a new breakout imminent?

J. Meyer
Reading Time: 1 minute

On July 11, 2025, we last discussed Rocket Lab (i) (RKLB). The order for Bollinger Shipyards for the landing platform "Return on Investment" for the Neutron rocket indicates that they should be on track for commercialization in 2026/27. This aims to ensure the rocket's reusability to lower space transport costs. On July 14, 2025, there could be a new breakout to the 52-week high and above $40. Citigroup reaffirmed the buy rating at the start of the week. They also raised the price target from $33 to $50. A key aspect in light of the upcoming quarterly...

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