Rocket Lab USA, Inc. (NASDAQ:RKLB) is one of the fastest-growing space stocks to buy now. On May 22, Rocket Lab completed its ninth dedicated Electron launch for Synspective, deploying another StriX synthetic aperture radar satellite and expanding the Japanese company’s Earth-observation constellation. Rocket Lab said another 18 Synspective launches are booked, making the update relevant to the growth screen because it points to repeat commercial demand rather than a one-off mission. The launch cadence also sits alongside Rocket Lab’s broader push into higher-value space systems. On May 26, the company completed its acquisition of Motiv Space Systems, now Rocket Lab Robotics, adding Mars-proven robotic arms, actuators, and precision mechanisms used on missions including NASA’s Perseverance rover and CADRE lunar rovers. The additions support planetary exploration, constellations, and orbital infrastructure. On May 7, Rocket Lab reported first-quarter 2026 revenue of $200.3 million, up 63.5% year over year, with backlog above $2.2 billion, showing growth across launch services and space systems.
How Rocket Lab (RKLB) Is Pairing Repeat Launch Demand With a Larger Space Systems Platform
Copyright: forplayday / 123RF Stock Photo Rocket Lab USA, Inc. (NASDAQ:RKLB) provides launch services, spacecraft, satellite components, solar solutions, spacecraft software, and related space systems for commercial, civil, and exploration customers. While we acknowledge the potential of RKLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.