The stock has climbed since but remains below $10.70. "As a leader in democratizing access to space, Rocket Lab is well positioned to capitalize on exciting opportunities in commercial and government-sponsored space industry innovation," Vector CEO Alex Slusky said in a statement. "We are confident in Rocket Lab's ability to deliver outstanding performance and reliability to drive long-term value for shareholders." Before expenses, the merger netted Rocket Lab approximately $777 million, the company announced Wednesday. The funds came from Vector's trust account and a private investment in public equity, or PIPE, round that closed concurrently with the merger. $RKLB has launched! Today's exciting next step in Rocket Lab's story was made possible by the incredible people behind us – our team, our families, our customers, and our investors. Thank you, thank you, thank you.