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Failed Satellite Launch Sinks Rocket Lab Shares

Rocket Lab’s Electron was carrying one of Capella Space’s Acadia satellites.

Source: Rocket Lab
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Rocket Lab USA Inc., a small satellite-launch company, sank after a failed mission to space led to the loss of its primary Electron rocket and the payloads it was carrying to orbit.

The rocket took off successfully from New Zealand a few minutes before 3 a.m. New York time, but at two and a half minutes into the flight, the Electron experienced an unspecified issue that ultimately ended the mission.