Rocket Lab Executives Sell Over 124,000 Shares Ahead of SpaceX IPO

Rocket Lab executives have sold more than 124,000 shares, totaling over $18.41 million, ahead of SpaceX's IPO, according to Odaily. The sellers include Arjun Kampani, the company's General Counsel, Brad Clevenger, Vice President of Space Systems, COO Frank Klein, and Alex Slusky from Vector Capital, which helped Rocket Lab go public. Previously, Rocket Lab's stock had surged due to industry optimism following SpaceX's valuation increase. On Monday, Rocket Lab's stock price fell 15% to $122.39.