Rocket Lab touches down on the Nasdaq

Rocket lab chief executive Peter Beck (Image: Getty)

Thu, 26 Aug 2021

Rocket Lab’s debut on the Nasdaq failed to take off with the stock down 10.6% at US$10.35 as it closed out its first day of trading.Asked about the slide, Rocket Lab chief executive Peter Beck told CNBC he hasn’t “really even been watching it” and said “at the end of the day, we’re in this for the long term”.The homegrown space launch company listed on the Nasdaq under the ticker RKLB via a reverse takeover with a special purpose acquisition company (SPAC) called Vector Acquisition Corp.The SP...

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