Rocket Lab (RKLB) shares slipped on Thursday after the space company pushed Neutron’s debut flight into 2027, disappointing investors awaiting a major expansion of its launch capabilities. In the press release, management cited manufacturing issues that require additional work to resolve.
Rocket Lab has yet to provide a firm replacement launch date, which suggests shareholders face another period of uncertainty ahead. Including today’s decline, Rocket Lab stock is down about 65% from its year-to-date high.