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Rocket Lab Blasts Off With CHIPS Act Grant: Can SpaceX’s Rival Ride The Momentum?

Rocket Lab Blasts Off With CHIPS Act Grant: Can SpaceX’s Rival Ride The Momentum?

by Surbhi Jain | Nov 27, 2024 | News

Rocket Lab USA Inc. (NASDAQ:RKLB) is soaring, both figuratively and literally. The SpaceX rival’s stock jumped over 8% on Tuesday after securing a $23.9 million CHIPS Act grant to enhance its semiconductor operations in New Mexico. This move not only boosts its...
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