Woofun AI reports that Rocket Lab (RKLB) closed up 5.14% and surged over 7% in after-hours trading, driven by a $266 million contract with the US Air Force for 12 suborbital spacecraft launches. The agreement includes an option for six additional missions to be conducted in Alaska by the end of 2028.

SpaceX rose over 3%, ending a seven-day consecutive decline, and gained a further 1.3% in after-hours trading. The company is scheduled to release its Q2 2026 financial report on August 4th, accompanied by a live earnings webcast, while market attention remains fixed on the upcoming Starship test flight.