Shares of Rocket Lab USA tumbled about 8% on Tuesday after the space company's latest mission failed about 2-1/2 minutes following launch due to an undisclosed issue.
tumbled about 8% on Tuesday after the space company's latest mission failed about 2-1/2 minutes following launch due to an undisclosed issue.
"We are working closely with the FAA and supporting agencies as the investigation into the root cause commences," the company said. Mission failures can be costly for smaller rocket companies as investigations into their causes can stretch for months.
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