Stock Track | Rocket Lab Soars 5.04% in Pre-market as Space Stocks Rally on SpaceX-xAI Merger

Stock Track

02/03

Rocket Lab USA, Inc. (RKLB) surged 5.04% in pre-market trading on Tuesday, as shares of space-related companies broadly advanced.

The rally across the sector followed news that SpaceX has acquired artificial-intelligence startup xAI in a record-setting deal valued at $1.25 trillion. The transaction, which unifies Elon Musk's ambitions in AI and space, has generated positive sentiment for companies in the aerospace and satellite industry.

Investors are betting that the landmark merger could accelerate innovation and growth opportunities within the broader space ecosystem, benefiting related public companies like Rocket Lab.

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