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Rocket Lab hits new high amid Musk-Trump political clash
short by / on Tuesday, 8 July, 2025
Rocket Lab (RKLB) stock surged 9% to a record high as tensions flared between SpaceX CEO Elon Musk and Donald Trump over Musk's new 'America Party' idea. Traders bet Rocket Lab could benefit if U.S. contracts shift away from SpaceX. The company's upcoming Neutron rocket and recent ESA deal also boosted sentiment, turning the retail mood bullish.
read more at Stocktwits