Rocket Lab Reports Growing Demand for Commercial Space Products. Stock Surges 34%

For just the first three months of 2026, Rocket Lab’s launch business reports $63.7 million in revenue, reports CNBC — plus another $136.7 million from its space systems business. Besides beating Wall Street’s expectations, Rocket Lab also announced that its backlog has more than doubled from a year ago to $2.2 billion, and that it’s buying space robotics company Motiv Space Systems. Friday its stock price shot up 34% in one day…