Rocket Lab Shares Fall 6.41% as Mars Funding Cuts and AI Capex Fears Hit Space Sector

Rocket Lab shares fell 6.41% on February 12, 2026. The stock closed at $65.16 as volatility continued across the space sector.

Investors are adopting a cautious stance ahead of a potential SpaceX IPO. Broader market concerns focus on the sustainability of AI infrastructure spending. Major tech firms project nearly $700 billion in capital expenditures for 2026.

Congress recently decided to withhold funding for a planned 2031 Mars sample-return mission. This move forced investors to recalibrate the long-term opportunity set for Rocket Lab.

The stock remains above its 200-day moving average despite current pressures. Short-term momentum has weakened as shares slipped below the 20-day average.