Rocket Lab Clears $90 With $1.85B Backlog: Is $100 Within Reach?
Rocket Lab surged 3.92% past $90 as Benzinga reported sustained "Launch Squeeze" momentum with order backlog reaching $1.85B, reflecting structurally tight commercial launch supply being priced into the stock. SeekingAlpha positions RKLB as a strategic placeholder ahead of a potential SpaceX IPO, while Stifel's $105 price target — approximately 17% above current levels — provides institutional cover for further upside.