The rise of the space economy has resulted in unprecedented demand for satellite launches, thanks to private sector involvement, artificial intelligence (AI), and renewed government focus. According to McKinsey & Company,

The recent market rotation toward smaller companies has lifted many boats, but Rocket Lab USA's (NASDAQ: RKLB) performance stands out even in this environment. The space company's shares have rocketed 320% higher this year at the time of this writing,

Rocket Lab's flagship rocket is the Electron, which is the second-most-used orbital rocket in the U.S., behind SpaceX's Falcon launch vehicle. Last year, SpaceX dominated the market, making 98 launches, or 90% of the launches from U.S.-based companies.

A space company with ties to New Mexico broke through a glass ceiling this week by launching two rockets into space in a 24-hour period from different hemispheres.

Rocket Lab (NASDAQ: RKLB) stock jumped 3.5% through 9:45 a.m. ET Monday after announcing its latest first: For the first time ever, the company launched two rockets, from two separate launch pads in two different hemispheres,

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