In a recently published report, Bleecker Street Research says that it believes Rocket Lab (RKLB) “has materially misled investors about the likelihood that its Neutron rocket will launch in mid-2025,

Shares of Rocket Lab USA Inc. (RKLB) tumbled over 10% on Tuesday after Bleecker Street Capital disclosed a short position on the stock. Bleecker Street said Rocket Lab has materially misled investors about the likelihood that its Neutron rocket will launch in mid-2025.

Bleecker Street starts off its short report by naming the catalyst that's primarily responsible for Rocket Lab's 485% surge in stock market value over the last year. It says, " [I]nvestor and analyst excitement over the upcoming launch of Neutron, a medium-lift rocket that RKLB hopes will compete with SpaceX's Falcon 9."

Rocket Lab faces scrutiny as short seller highlights potential delays and financial concerns, leading to a sharp stock drop

Rocket Lab USA, Inc. RKLB is slated to report fourth-quarter 2024 results on Feb. 27, 2025, after market close. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The Zacks Consensus Estimate for revenues is pegged at $129.