Rocket Lab Neutron Launch Price Reportedly Rises to $70 Million

Rocket Lab reportedly increased the price of a dedicated Neutron launch to $70 million from $55 million. The report places the rocket’s first launch in 2027.

Key details

• Rocket Lab reported third-quarter 2026 revenue of $268 million.
• The company reported a $3.6 billion backlog spanning 117 launches and more than 55 spacecraft.
• Rocket Lab reportedly booked eight Neutron missions during the quarter, adding more than $515 million in contracts and doubling the vehicle’s backlog.
• ICEYE reportedly contracted for three dedicated Neutron launches beginning in late 2028. Muon Space contracted for two, scheduled for 2029 and 2030, and Starcloud contracted for one in 2029.
• Rocket Lab forecast fourth-quarter revenue of $270 million to $290 million and a loss of $14 million to $20 million.

The reported price for a dedicated Neutron launch rose from $55 million to $70 million.

Why it matters

The reported customer bookings include missions for ICEYE, Muon Space, and Starcloud, with schedules extending from late 2028 through 2030. Rocket Lab also reported $470 million in space-systems contracts for the quarter, up 512% year over year.