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Tim Fries

Rocket Lab (RKLB) Rises Premarket as SpaceX–xAI Merger Valued at $1.25 Trillion

Rocket Lab (RKLB) climbed roughly 4% in premarket trading on February 3, 2026, after Elon Musk announced a merger between SpaceX and xAI valued at $1.25 trillion. At 7:27:19 AM EST, RKLB traded at $77.47, up $3.32 or 4.48% from the prior close. The news lifted broader space stocks as investors reacted to plans for space-based AI compute.
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