South Korea's National Pension Service (NPS) disclosed a new investment in Rocket Lab in its latest 13F filing with the U.S. Securities and Exchange Commission.
The pension fund purchased 643,174 shares during the fourth quarter of 2025. This position carries a value of approximately $45 million. The disclosure establishes NPS as a significant institutional shareholder.
The acquisition coincided with a broader reshuffling of the fund's U.S. stock portfolio. NPS also initiated a new investment in Spotify and reduced its holdings in Intel. The investment signals a vote of confidence in Rocket Lab's growth trajectory within the space industry.