From BizToc · · 50s
Rocket Lab stock tumbles as effort to take market share from SpaceX slips to 2027
Rocket Lab stock drops over 10% as Neutron launch delayed to 2027.
In brief
Rocket Lab stock drops over 10% as Neutron launch delayed to 2027. Rocket Lab's Neutron rocket launch, intended for 2026, is now scheduled for 2027 due to manufacturing issues. Originally reported by BizToc.
Rocket Lab stock
Rocket Lab stock tumbles more than 10% on Thursday after the space company said the first launch of Neutron, its reusable medium-lift rocket, slips to 2027.
Neutron launch delayed
Rocket Lab had targeted the fourth quarter of 2026 for Neutron's debut, but manufacturing issues in the forward propellant cause the delay.
CEO Peter Beck
CEO Peter Beck blamed manufacturing issues in the forward propellant for the delay in Neutron's launch schedule.
At a glance
Rocket Lab's Neutron rocket launch, intended for 2026, is now scheduled for 2027 due to manufacturing issues.
