Rocket Lab (ticker: RKLB) has experienced substantial stock price gains over the past year, rising approximately 811%. The company has seen accelerated growth recently, with increases of 5% to 10% on multiple days in mid-July 2025, culminating in the stock reaching $50. Market participants have noted Rocket Lab's rapid ascent, with some comparing it to a smaller version of SpaceX and anticipating further gains potentially up to $100. Additionally, Reuters reported that Rocket Lab, along with Stoke Space, has been approached to compete for launch contracts related to the Trump administration's $175 billion Golden Dome missile defense initiative. This development may be contributing to investor enthusiasm and the stock's upward momentum. Meanwhile, Stoke Space's stock (ticker: RKT) has also shown positive movement, closing at highs not seen since 2024 and gaining around 6% in after-hours trading, with projections suggesting room for growth to $20.