Rocket Lab Insiders Sell 124K Shares for $18.41M Ahead of SpaceX IPO Boom

According to Barron's, on Monday, Rocket Lab insiders collectively sold over 124,000 shares, raising $18.41 million. Sellers included Chief Legal Officer Arjun Kampani, Vice President of Space Systems Brad Clevenger, COO Frank Klein, and Vector Capital managing director Alex Slusky, who helped facilitate the company's prior public listing. The stock has risen on industry optimism following SpaceX's valuation gains.
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