Key Points Rocket Lab's second-quarter revenue grew 62% year over year to a record $234 million. About 45% of the company's record $2.36 billion backlog is expected to convert to revenue within 12 months. The pending $8 billion Iridium acquisition isn't expected to close until mid-2027, and this forecast excludes it completely. These 10 stocks could mint the next wave of millionaires › Rocket Lab (NASDAQ:RKLB) keeps breaking its own records. The space company's revenue rose 62% year over year to a record $234 million in the second quarter of 2026. Its backlog grew to a record $2.36 billion, up 137%. And management's guidance for third-quarter revenue of $250 million to $265 million calls for yet another record. Missed AI’s "Act 1"?
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