{"id":5087,"date":"2026-06-09T15:16:28","date_gmt":"2026-06-09T15:16:28","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=5087"},"modified":"2026-06-09T15:16:28","modified_gmt":"2026-06-09T15:16:28","slug":"rocket-lab-stock-has-crashed-into-a-local-bear-market-will-rklb-rebound","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=5087","title":{"rendered":"Rocket Lab stock has crashed into a local bear market: will RKLB rebound?"},"content":{"rendered":"
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Rocket Lab (NASDAQ: RKLB) stock has slipped into a local bear market after falling by 25% from its highest point this year. It was trading at $113.65, with its market capitalization falling from over $86.8 billion to $65 billion. So, will this crash continue further or rebound?<\/p>\n

Why Rocket Lab and other space stocks have plunged<\/h2>\n

The ongoing Rocket Lab stock weakness has coincided with the retreat of other companies in the industry. Planet Lab stock retreated from the year-to-date high of $51.7 to $32, while Virgin Galactic (SPCE) fell by 54% from $8.90 to $4.12. <\/p>\n

Other top companies in the space industry have all plunged in the past few weeks as investors waited for the upcoming SpaceX IPO<\/a>.<\/strong>For example, the closely-watched Procure Space ETF (UFO) has dropped from a high of $68.30 to $54.85. Also, the Tema Space Innovators (NASA) stock retreated from $42.65 to $33.3.<\/p>\n

Therefore, the ongoing RKLB stock crash is happening as investors book profits after the recent surge. Before the pullback, it was up by over 3,435% from a low of $4.26 in 2024 to a high of $150 this year. <\/p>\n

This surge has propelled its market capitalization from under $1 billion during that period to more than $65 billion today. It is common for stocks to pull back after such a strong rally, especially when a major news event is approaching. <\/p>\n

In this case, that event is the upcoming SpaceX IPO, which is expected to be the largest IPO in history, with the company seeking to raise more than $75 billion. Since space stocks jumped ahead of the IPO and are likely falling as investors book profits. <\/p>\n

READ MORE: Rocket Lab stock has gone parabolic: why the SpaceX IPO may trigger a crash<\/a><\/p>\n

Rocket Lab\u2019s business is doing well<\/h2>\n

For starters, Rocket Lab is one of the biggest players in the space industry, where it offers end-to-end services to companies and governments. It offers launch services, spacecraft design and manufacturing, and optical systems. <\/p>\n

Rocket Lab started its business with the Electron, which has been its workhorse for years. Electron has a payload of 300 kilograms. Neutron, its next main platform, will have a 8,000 kg payload. <\/p>\n

The most recent financial results showed that its business was doing well, with its revenue rising by 63.5% in the first quarter and the number of launches rising to 6. It ended the quarter with a backlog of over 70 launches. <\/p>\n

Its revenue rose to $200.3 million from $122 million in the same period last year. This revenue was about 11.5% increase from the previous quarter. <\/p>\n

Analysts believe that the company\u2019s business will continue doing well this year. The average estimate is that its revenue will come in at $231 million, up by 60% YoY. Its annual revenue is expected to jump by 52% to $914 million, followed by $1.29 billion next year. <\/p>\n

RKLB stock price technical analysis<\/h2>\n
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Rocket Lab stock chart | Source: TradingView<\/em><\/p>\n

The daily chart shows that the Rocket Lab stock price has pulled back in the past few days, moving from the year-to-date high of $151 to $113 today. On the positive side, the stock has remained above the 50-day Exponential Moving Average (EMA). It is also slightly above the key support level of $100, its highest point on January 16. <\/p>\n

The Relative Strength Index (RSI) has moved below the neutral level of 50. Therefore, the most likely scenario is where the RKLB stock retreats to $100 and then resumes the uptrend as investors buy the dip.<\/p>\n

The post Rocket Lab stock has crashed into a local bear market: will RKLB rebound?<\/a> appeared first on Invezz<\/a><\/p>\n

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Rocket Lab (NASDAQ: RKLB) stock has slipped into a local bear market after falling by 25% from its highest point this year. It was trading at $113.65, with its market capitalization falling from over $86.8 billion to $65 billion. So, will this crash continue further or rebound?Why Rocket Lab and other space stocks have plungedThe…<\/p>\n","protected":false},"author":1,"featured_media":5088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5087"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/5088"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}